GBPCAD Recently has gained over 500 pips...could this be the reversal
Stuck inside a Bullish Pennant with potential movement to the upside
Possible Signs of a Divergence
One to watch!!
DXY is stuck in a pennant flag formation
Await for clear break and retest for confirmation of movement
Based on this breakout will reveal USD related trade movement
Potential Intra Day Set up
Short Term Buy
Long Term Sell
Current Price at Minor Resistence
Along with a Breakthrough of 1HR Downtrend Trend-line and Multiple Retest on Shorter TF
Market has been consolodating for the past 24 Hours in a 15/20 pip range
Waiting for a breakout and retest of the area before taking a trade
High timeframes suggest a Bearish Momentum however
EUR has gained strength across the board