THE SIDEWAYS MOVE GBPCAD

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I was watching this market and i really wished we had seen this before hand. but anyways, I still feel there might be some good chances on here.

First of it, watching to see the past 2-3 weeks candle rejected the 0.618 fib level staying in-between 0.618 & 0.5 strong zone showing the possibility of price reversal down to the support where I will be waiting for price to get to the entry I marked on the chart for buy opportunities.

If that doesn’t happen, I will clearly watch to see how next week candle plays out as i will be closely waiting to see it close above the 0.618 fib level for good buys to close at the top supply zone.

Penafian

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