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rkarara
Feb 11, 2020 10:17 PM

GBPCAD SHORT Short

British Pound/Canadian DollarFXCM

Description

- AS PRICE DID NOT PUSH UP AS EXPECTED AFTER THE BREAK OF THE FALLING WEDGE
- PRICE HAS MADE A RISING WEDGE AND NOW PRICE HAS BROKEN THE RISING WEDGE
- PRICE ALSO RESPECTING RESISTANCE ZONE ABOVE
- LOOKING TO FOLLOW TREND (DOWN) AFTER THIS CONTINUATION PATTERN
- NICE 4H BEARIHS REJECTION CANDLE, WANTING A 50% RETRACEMENT FOR ENTRY OF THE PREVIOUS 4H BEARISH PINBAR
- OR A BREAK AND RETEST OF THE BROKEN RISING WEDGE PATTERN
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