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ForceFollower
Sep 2, 2013 12:37 PM

GBPCAD continues to rise Long

British Pound/Canadian DollarFXCM

Description

The pound being very strong recently should easily make new highs against the Canadian dollar. However, before it does that I'd allow for a retracement just below 1.63 or those surroundings.
Comments
cryptoyoda
Also a perfect Ackerman-style ABCD pattern - second in a row... But predicting & not getting faked (/stopped) out by the double bounce takes some judgement! (Which I currently lack :p )

ForceFollower
Thank you. This weekend I will check out that Ackerman's hidden pivot method - I've never heard of it before. Sounds compelling.
cryptoyoda
Drop me a line when you do! :)
ForceFollower
One of my best forecasts...
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