Hello traders!
⁉️This is my analysis on GBPCAD.
Here we are in a bearish market structure, so I am looking only for shorts. I expect retracement to continue and if the price rejects from bearish orderblock + institutional big figure 1.58000 I will open a short position. Also we will have a confirmation from Fibonacci, OTE (optimal trade entry) level 0.705.
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⁉️This is my analysis on GBPCAD.
Here we are in a bearish market structure, so I am looking only for shorts. I expect retracement to continue and if the price rejects from bearish orderblock + institutional big figure 1.58000 I will open a short position. Also we will have a confirmation from Fibonacci, OTE (optimal trade entry) level 0.705.
Like, comment and subscribe to be in touch with my content!
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