WEEKLY
DAILY
4 HOURLY
Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.
Weekly: We have selected GBPCAD because of CX trade on the Daily and H4 timeframe. On weekly we only see a sideways market with possible wave B in progress.
Daily: A CX trade. Short once CX is completed on the H4 timeframe.
H4: H4 CX expecting upper CPD, this is a triangle on higher term timeframe.
Next trade setup: This is a high probability trade on the Daily Timeframe since the market is almost sideways, proper money management is required.