In H4 timeframe it's appear very clear that the price doesn't have strengthen to continue bullish clearly in H4 timeframe. What right now, we see two thing to consider. First, we see a bearish rejection in this previous higher, and then we see a weakness in the price action, it's like that the price want to drop like a butter in the air.
Right now, we see a bearish setup in this side as I comment for past days that GBP/CAD may to forming a possible drop, but now it's the time to sell and closed up manually long position and change to short now!!!
I'm shorting from $1.5889 CAD. Stop Loss to $1.5975 CAD. And my fix target to $1.5710 CAD. We hope this drop now as my analysis was update now to short!!!
Good luck.
As I closed up manually the long in GBP/CAD. I got only a small profit like 0.67% earned in this long. But now I'm shorting GBP/CAD
Right now, we see a bearish setup in this side as I comment for past days that GBP/CAD may to forming a possible drop, but now it's the time to sell and closed up manually long position and change to short now!!!
I'm shorting from $1.5889 CAD. Stop Loss to $1.5975 CAD. And my fix target to $1.5710 CAD. We hope this drop now as my analysis was update now to short!!!
Good luck.
As I closed up manually the long in GBP/CAD. I got only a small profit like 0.67% earned in this long. But now I'm shorting GBP/CAD
