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DjalilLounis
Feb 22, 2015 5:40 PM

Next Move for GBPCAD 

British Pound/Canadian DollarFXCM

Description

if am not wrong the big cycle wave 4 (purple label )is finished and we started our wave 5 (5 waves )now, you can see that wave 1 (red label ) is finished and we have wave "a" (red) which is done and we are currently in wave "b".almost done
the best trade will be trying to ride the 3 after the leg C is finished.
we can also try shorting wave C but it is 90 Pips SL for 200 pips (+/-).
Comments
DjalilLounis
Break in the Up side make this Idea invalid i am looking for a long setup now
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