fadix007

Nice BIG Bearish Engulfer Shown on Daily TF

Short
fadix007 Updated   
OANDA:GBPCAD   British Pound / Canadian Dollar
As you can see we had formed a nice Daily Bearish Engulfing Candle on Friday, now we should se price retrace to the Fib. Retracement level 38.2% and se a drop down to Fib Ext. Level 1 at the 100% and most probably to the 161 Level

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Comment:
So far, Idea went as planned, now we need to see a drop from the Channel Trendline to Validate the Trade Idea

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