GBPCAD 4 Hour Analysis (20 June 2023)
1. Price is inside channel
2. also, we have important levels as KL1 and KL2, if KL2 breaks
it means the channel will also break, so a strong downtrend
3. But, we can see stochastic bullish divergence, so if price moves
back, we can expect the KL1 break
So, we have to wait and enter the trade
1. Price is inside channel
2. also, we have important levels as KL1 and KL2, if KL2 breaks
it means the channel will also break, so a strong downtrend
3. But, we can see stochastic bullish divergence, so if price moves
back, we can expect the KL1 break
So, we have to wait and enter the trade