Forex_Fire

GBPCAD Looking For A Buy

Long
OANDA:GBPCAD   British Pound / Canadian Dollar
GBPCAD Looking For A Buy

1. A Low Created

2. Higher High Created Creating A Zone Point For The Future 25% Fib Area

3. Mondays Price Zone Creating A High Point And Low Point

4. Mondays Candle Box Then Becomes Our Left Shoulder

5. We Break Out Of The Monday Zone Thus Creating The Head Awaiting The Return To The Previous Monday High To Give Us Back The Neck Line

6. This Now Creates A Trading Point On Its Way Back Towards The Neck Line Moving Through The Previous 25 To Life Fibs Area

( THIS CHART IS A BIT MORE ADVANCED FOR MOST GUYS DONT LET IT PUT YOU OFF )

What Do You Guys Think.........?

Drop Your Comments Below..........



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