GBPCAD: a corrective wave for now. Short

British Pound/Canadian DollarFXCM

Description

⋅ Sep 26, 2017 10:24 PM

GBPCAD is facing a resistance zone at A.
Bear sign appear on daily chart.
Consider a long term channel was broken alrady,
now is only a corrective wave with some promising
pips ahead.
Short trade can get in to play the game.
Less is more!

Comment

⋅ Oct 4, 2017 11:58 PM

Trade closed: target reached

⋅ Oct 8, 2017 3:33 PM

320 pips from 1.668 to 1.6500 our target 2.