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FUNTRADER-Vera
May 11, 2017 6:42 AM

GBPCAD: SETUP SHORT TRADE FOR MID-TERM Short

British Pound/Canadian DollarFXCM

Description

GBPCAD: SETUP SHORT TRADE FOR MID-TERM

Trade active

1.77777.
Triple top to short, good entry.

Trade closed: target reached

t1 hit.

Comment

Comment

EMA 400 now is still pressuring GA.
So, if you long GA from 1.74, next tp is 1.767.

Comment

270 pips to go. not bad.

Comment

Comment

GBPAUD now is moving between 1.71-1.78.
700 pips .

Comment

Comment

the double top could help GBPCAD to go further.

Trade closed: target reached

tp2 hit!
Comments
patterntrader
In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
FUNTRADER-Vera
@patterntrader, you are welcome.
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