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VaidoVeek
Mar 8, 2019 7:38 AM

GBPCAD - Daily Railroad Tracks - Sell Short

British Pound/Canadian DollarFXCM

Description

Hey!

We have a pretty nice reversal candle on the Daily chart - bearish Railroad tracks:


The candle has formed on the pretty strong area:
1. Fibo golden ratio
2. Oled resistances
3. Minor channel trendline should act as a resistance level
4. Round numbers

Who wants to trade this then use tight stops because today is the NFP time and also CAD have some big news.


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Thank You!

Have a nice day,
Cheers!


*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

Comment

We got a pretty nice 100pips+ movement!
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