April 29, 2023

Ep 129 Levels for the week ahead. EURNZD I am looking for a head and shoulders pattern to form this week. I also show an observation of the GBPCAD in two formats, one from a divergence perspective, the other from a chart readers perspective and this is on the righthand side of the chart, so the outcome is not known yet.
What are you divergence traders look to happen during the week on the chart? And what is your entry signal? Showing divergence on the lefthand side of the chart is easy the righthand side is challenging.
I also show the GBPCAD from a chart reading perspective, a possible creation a head and shoulders or a retrace to a level and for price to continue higher.
This channel is here to help you read and understand foreign exchange charts.