UnknownUnicorn3974120

Update to GBPCAD

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OANDA:GBPCAD   英鎊 / 加元
Price was ay Point C (61.8). I was aiming for a AB=CD pattern.

Price has now entered a consolidation zone inside the Triangle.
Price can go either way when dealing with Triangles.

There is a small ascending wedge forming inside the channel. I've marked it to watch but I don't plan to enter until after a triangle breakout.

There is divergence on the daily chart and smaller time frames.
取消訂單:
This prediction failed.

The price was stuck in a triangle. Eventually, price broke through the triangle.

There was a major rejection pin as sellers tried to push the price down (*load new bars*).

Whilst the 61.8 level is a key level it can still be broken. Price on 21st is not in line with some strong structure if you look left on the daily chart.
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