TradingView
Cenotaph
May 20, 2017 9:35 AM

GBPCAD on break of 1.755 support, sell it Short

British Pound/Canadian DollarFXCM

Description

Weekly candles clearly show more selling bias, to confirm this, wait until GBPCAD breaks the 1.755 support level (Weekly S2).

Sell it till the next trend support zone around 1.7 (Just above monthly S1 pivot).

Comment

chart with fib levels

Trade active

Comment

On track heading towards 1.7 and possibly further. Can add on this short once it breaks from this correction

Trade closed manually

Close and look for potential up continuation next week
More