GBP/CAD analysis price has respected the downside trendline and traded within range, expecting some downside price actions which could tap our -27% fib region
risk/reward ratio 1:2
Confliences
market execution: GBP/AUD analysisanother potential intraday setup.. we can see confluence between our Fibonacci and area of trendline being respected.
risk/reward ratio is 1:2
market execution: EUR/AUD analysisAN intraday position to start the week, we can see the respective third bounce at our trendline which could be considered as price new higher low, we could now be gaging momentum for further new highs.
risk/reward ratio 1:5
