GBPCAD CONTINUED DOWNWARD MOMENTUM (DAILY) Short

British Pound/Canadian DollarFXCM

Description

⋅ Feb 8, 2017 3:52 PM

Major trend line pressure acting as critical resistance level.

First target at 61.8% fib level and beyond.

Looking at a 1:1.5 risk reward.

Stops above highest high.

Awaiting further confirmation before entering into the trade.

Trade closed: target reached

⋅ Feb 17, 2017 9:07 PM

Trade closed - all targets achieved.

GBPCAD short