Hello Everyone!
How are you all?
Gbpcad is a pair to watch this week, because it is shaping up very nicely for a short trend reversal that we can capitalize on.
So, I will be looking for a short trend reversal because of the following reasons:
1. Potential Double Top
2. The price is forming a potential reversal structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a flag with two highs and lows.
Entry : will look for a risk entry within the flag or a reduced risk entry on the breakout of the flag.
How are you all?
Gbpcad is a pair to watch this week, because it is shaping up very nicely for a short trend reversal that we can capitalize on.
So, I will be looking for a short trend reversal because of the following reasons:
1. Potential Double Top
2. The price is forming a potential reversal structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a flag with two highs and lows.
Entry : will look for a risk entry within the flag or a reduced risk entry on the breakout of the flag.
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.