GBPCAD - Still at 1.59
My prediction about this pair is still the same as before, falling target is still at 1.590. Previous analysis can be seen on the related link below. It was made based on harmonic patterns.
As the pair's downward trend progresses, new continuation patterns are formed, as shown in the figure; Head & Shoulders, Bearish Flag. I have not found any indication of reversal yet on this pair.
Note: I don't give buy and sell signals. All my posts are just ideas. If you want to apply, do your own analysis first, make sure it matches your analysis. If not, then just trash this idea. So that you won't disappointed and blame the other party when everything does not fit the analysis.
As the pair's downward trend progresses, new continuation patterns are formed, as shown in the figure; Head & Shoulders, Bearish Flag. I have not found any indication of reversal yet on this pair.
Note: I don't give buy and sell signals. All my posts are just ideas. If you want to apply, do your own analysis first, make sure it matches your analysis. If not, then just trash this idea. So that you won't disappointed and blame the other party when everything does not fit the analysis.
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