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HayatoDragonFX

GBPCAD, Daily tf, HnS pattern in play

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
HayatoDragonFX  
FX:GBPCAD   British Pound / Canadian Dollar
Support and Resistance Supply and Demand Head and Shoulders GBPCAD gbpcadshort gbpcadsell gbpcadsetup priceaction priceactiontrading priceactionanalysis
2
0
supportandresistance supplyanddemand headandshoulders gbpcad gbpcadshort gbpcadsell gbpcadsetup priceaction priceactiontrading priceactionanalysis
As you can see price right now making a clear HnS pattern.
All GBP crosses already melt down during the last 2 days and only GBPCAD remains.

We could see this pair melt down following previousy GBPNZD and GBPAUD. Both pairs was mentioned in my post previously and both trade hit my target profit.

Sell GBPCAD 1.7290
Stop loss 1.7460
Take profit 1.6800 (2.9R)

Use 1-2% risk
Good luck

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GBPNZD, 4hr tf, sell the end of wave-iv
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GBPAUD, 4hr tf, sell the end of wave-iv
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