Hello Guys,
This week has been giving promising trade opportunities and GBPCAD could likely be one of them. In my previous analysis of the pair, I marked both the buy-side and sell-side liquidity pools. Today, the market went after the sell-side liquidity pool.
I'm hoping that the displacement in price allows the price to get to my demand POI and I will wait for a structural shift in price from bearish to bullish and take a long.
The reason why I would be confident in taking the long is that we still have buy-side liquidity to take.
If you like this analysis, give me a like or follow.
Cheers,
David
This week has been giving promising trade opportunities and GBPCAD could likely be one of them. In my previous analysis of the pair, I marked both the buy-side and sell-side liquidity pools. Today, the market went after the sell-side liquidity pool.
I'm hoping that the displacement in price allows the price to get to my demand POI and I will wait for a structural shift in price from bearish to bullish and take a long.
The reason why I would be confident in taking the long is that we still have buy-side liquidity to take.
If you like this analysis, give me a like or follow.
Cheers,
David
Note
Price delivered into my demand POI as speculated.Next stop is to take out bus-side liquidity
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.