Analysis for #GBPCAD Timeframe “H4” According to the analysis | Gold____Master____Killer
Analysis for #GBPCAD Timeframe “H4”
According to the analysis, the real mood for the GBPCAD pair is still Sell. This is because this pair has broken the nearest lowest level in Timeframe D1 at the same time doing a LL/New Low structure and there is a Breakout Sell. The 1.53336 level is one of the potential levels for this pair to make a decline where there is a supply zone.
Next, if my first recommendation level breaks, then at the third touch TL Divergence Sell becomes the final decision for this pair to decline. If GBPCAD succeeds in rejecting my suggested level, I aim for its decline to create a new low next week.
