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cryptdee
May 10, 2018 9:22 AM

GBPCAD, Short on broken Trendline & Gartley Harmonic Short

GBP/CADOANDA

Description

GBPCAD has broken the upward trendline. It hit first support and couldn't make a strong rally back to the trendline.

Analysis considers
1. Gartley pattern. TP 1 at 38.6% already hit. Now aiming for TP2 at 61.8% Fib
2. Targetting next support which is around the 61.8% Fib.

Trade active

Comment

nice descent

Comment

200 pip drop
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