anilmangal
Short

GBPCAD DAILY CORRECTIVE STRUCTURE

FX:GBPCAD   British Pound/Canadian Dollar
2824 19 169
GBPCAD             is in a daily corrective structure.

GBPAUD Weekly outlook.


Sell the break out for a 5 wave down.
to the up side I will wait for a setup to buy.

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Comment:
snapshot


This is what i see
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And this is my chart for GBPCAD Anil.
GBPCAD - Lines to sell
+1 Reply
anilmangal TOP AbdullahYunus
nice
+4 Reply
AbdullahYunus anilmangal
Hi Anil. It touched the level that I have drawn and turned down. Now I'm short.
GBPCAD - I was right. Now I
+1 Reply
May I ask u sir, which is the best way to draw trend line. Tip to tip or body to body of the candle?
Thanks, and btw nice presentation.
+1 Reply
anilmangal TOP muhrenfrancis.abong
Tt's not about the tip or body . It's about the structure
+3 Reply
One more question sir...After the breakout, what kind of confirmation that we look at to execute our entry?
+1 Reply
Yes Anil, me thinks it will move up. But for now I see the pair has scored a point on the bulls and should now fall.
+1 Reply
as insightful always.
keep up the good work!
+1 Reply
Nice setup..
+1 Reply
same view anil.
snapshot
+2 Reply
always , Thank you for your good Idea
+1 Reply
Very good eye Anil! These are the setups I love!
Thanks for sharing!!
+1 Reply
It all about waves
+1 Reply
Score point, pullback. The DT is 174. These are some of my favourite trades, and I know my TG.
It did go high though Anil. Still more pips for us all.
I'll wait a while before I get in.
Reply
Well Anil, the daily has hit the down trendline, so should start to fall.
Lots of pips to be made on this one. Oh Yer baby !!
+1 Reply
I thought this pair might have a chance to go upside following yesterday's strong candle.
snapshot
Reply
Thank you Specfinancial, (great charting by the way). But i'll keep with my bearish plan. if it goes wrong, then so be it. :)
Reply
Yes, Cazzie, I agree with you. It's not important the plan is right or wrong, but keep following it with good risk management.
+1 Reply
Excellent Anil. I love it!
+1 Reply
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