gbpcad idea update Short

British Pound/Canadian DollarFXCM

Description

⋅ Sep 1, 2016 4:07 PM

Hello posted this setup earlier this week. Seems like its playing out perfectly. Market conditions are overbought and we have a divergence both on the daily and 4 hour,

Comment

⋅ Sep 9, 2016 5:16 PM

Trade closed manually

⋅ Oct 2, 2016 12:59 AM

Closed with 400+ pips. Pullback to the top likely

GBPCAD

Comments

ianpatton

⋅ Sep 1, 2016 5:27 PM

Well spotted. Are you taking the risky sell from the top or waiting for an impulse down and correction before entering?

AkashGaur

⋅ Sep 1, 2016 5:30 PM

hi ian, all my indications tell me to short right now so thats what i am gonna do.

ianpatton

⋅ Sep 1, 2016 5:33 PM

I agree