GBPCAD retracement half way to expeccted reversal

FX:GBPCAD   British Pound / Canadian Dollar
282 4 20
Price has retraced more on GBPCAD             than on GBPAUD             . Expecting some more retracement befor a valid setup is given.
Comment: Nice retracement, hitting my trendline, now let's wait for confirmation
Comment: bouncing at outer trendline, Head and Shoulders Forming
Nice hit
TAS MorhafMo
glad it helps
+1 Reply
Nice analysis!
TAS derby
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