Hello traders,
As you can see I'm only looking for the sell at this stage. GBPCAD broke the trendline with the strong down impulse and now it's making correction (sell setup) about the trendline what is a good sign. The bigger picture also looks downside and this is the one of the reason why I'm interesting only in the sell. Wait for more sideways candle and take that sell!
BONUS: If you think it will drop fast you can put entry order at the low of the smaller correction like I did on the picture. So be aware of that type of entery because it's VERY RISKY! The safest way to entry is to wait for sideways candles!
Make the bank rolls! :P $$$$$$$$$$
If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you!
Thank you for your support!
All the best,
Antonio
As you can see I'm only looking for the sell at this stage. GBPCAD broke the trendline with the strong down impulse and now it's making correction (sell setup) about the trendline what is a good sign. The bigger picture also looks downside and this is the one of the reason why I'm interesting only in the sell. Wait for more sideways candle and take that sell!
BONUS: If you think it will drop fast you can put entry order at the low of the smaller correction like I did on the picture. So be aware of that type of entery because it's VERY RISKY! The safest way to entry is to wait for sideways candles!
Make the bank rolls! :P $$$$$$$$$$
If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you!
Thank you for your support!
All the best,
Antonio
Comment:
My daily view. What are the chances that GBPCAD will repeat that move? Don't miss it!
