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EvanJones
Aug 3, 2016 6:51 AM

Update on previous GBPCAD post Short

British Pound/Canadian DollarFXCM

Description

Prior to Brexit I posted this trade idea which demonstrated a nice H&S pattern which has been nicely obeyed.

Looking back, at some of my ideas I noticed it hit the 23.6% Fib target which was when I closed out my trades. Observing the chart, the purple arrows are my expectation for this pair, after a steep breakout, we can expect a retracement and then a bounce to further lows.

For more information, please follow me on here, @evanthebanana or at ejfxtrading.com
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