GBPCAD Short to 1.73
GBPCAD after forming a Distribution Channel between 1.77-1.78, has moved
to a weak demand zone. It is weak because the reaction from Demand is minimal.
This is reflected in the VSA , with very low volume. No Buyers are defending the 1.7575
level.
Real Demand is likely to be positioned at 1.73, which is adjacent to a significant S/R level.
The sellers have been in control, and likely to maintain it for some time.
The bias is Bearish ( cross of price below 200MAV and RSI printing below 50 ), as is the intraday
Order Flow.
to a weak demand zone. It is weak because the reaction from Demand is minimal.
This is reflected in the VSA , with very low volume. No Buyers are defending the 1.7575
level.
Real Demand is likely to be positioned at 1.73, which is adjacent to a significant S/R level.
The sellers have been in control, and likely to maintain it for some time.
The bias is Bearish ( cross of price below 200MAV and RSI printing below 50 ), as is the intraday
Order Flow.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.