Andre_Cardoso

The GBP purler // Long at D // Eventual Cypher

Long
FX:GBPCAD   British Pound / Canadian Dollar
Despite the dominance of the bulls as one of the best animals for breeding, I believe that with the heat, they will become meek...

Trying to find a nice R/R for a Short, even though the market does not give us this gift at the moment;

Point C can be forged a bit up between 127% and 141% extension from X to A leg;

The trend is UP, so the Short position could be, and it is a little risky despite the risk reward, but there's always aggressive traders out there ;) - (I do not advise this short, this is just a prespective of behaviour)

My RSI entering overbought (extreme), i will wait until it starts to show me signs of reversion.

NOTE:
Long at D is the objective of those advanced patterns... IF=THEN

Safe Trades,

open.spotify.com/tra...hKjllHOmPJMcTdctlOGe

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.