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VladimirRibakov
Apr 18, 2018 3:48 PM

GBPCAD Sell Idea Short

British Pound/Canadian DollarFXCM

Description

H4 - Special cycle completed, currently a retrace is happening in the form of double wave up.

We may now expect this retrace to happen until price reaches the 38.2% – 50% fibo retrace zone.

Once the price reaches the magnet zone, we may look for evidences of bearish reversal and then we may start looking for sells.

Note: The conditions here are really good, hence we may now look to sell every rally.
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