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AkashGaur
Feb 6, 2017 10:55 AM

gbpcad not ready for longs Short

British Pound/Canadian DollarFXCM

Description

Hello everyone, here is a setup based entirely on structure. It appears that the price is forming its final wave down before it starts to pick some bullish momentum. A slight pullback is possible so look to sell near the upper trendline.


If you go on lower time frames you will be able to see a bullish continuation pattern but i am sure that the pattern will change or else the bigger structure in the forming of leading diagonal will breakout to the top without completion

Comment

Comment

will it bounce or will it break. Decision point
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