WitchDoctor
Short

A Short For Fib Lovers

FX:GBPCAD   British Pound / Canadian Dollar
95 2 2
The suggestion based on this chart would lead one to believe that sellers will enter the market. Risk can be limited to a half a percent and the reward lends itself to enough for a respectable trade. All eyes are on the one third pull back level in this bear market rally. Assuming that the institutions are looking at the same level, then this could have a move back to the mid 1.70's since the extended move may provide an excuse for those traders long from below to take their profits
Right. I've just closed my long with a nice profit and gone short.
Reply
WitchDoctor ForceFollower
Good move. Hope you got a good squeeze out of that one. Confirmation on the daily chart will invite some more selling
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out