Gbpcad has approached an almost yearly support level from the HTF, on the daily, the break below the level is obvious and tempting, but low volume makes it stand out like a sore thumb.
If this results in a fake breakout or not, we have a safe entry which when triggered will confirm to a high probability bullish movement to at least TP1.
Trade smart, observe risk management....thanks guys.
If u found this somewhat helpful please leave a like and a quick Sub.
Do you agree with this analysis or not, are you bullish or bearish?.
If this results in a fake breakout or not, we have a safe entry which when triggered will confirm to a high probability bullish movement to at least TP1.
Trade smart, observe risk management....thanks guys.
If u found this somewhat helpful please leave a like and a quick Sub.
Do you agree with this analysis or not, are you bullish or bearish?.
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