FullTimeTrader
Short

GBPCAD-H1-bearish butterfly before rate news

FX:GBPCAD   British Pound/Canadian Dollar
354 4 12
A nice confluence of EW and harmonics.
We see a bearish butterfly after a five wave impulse.
The pattern was already triggered at the PRZ, we could enter now at current price BUT we must be extremely carefull before rate news.
My prefered scenario is short.
Good Night.
Interesting setup. Thx for the idea
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Your prediction on the short side for GBP\CAD was spot on and really impressive as there was a big move on after the rate news. Keep it up.
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Well done mate, very precise entry point :)
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that was a nice trade. well done to you!
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