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UnknownUnicorn180388
Jun 17, 2017 3:18 PM

GBP.CAD > Short Opportunity Short

British Pound/Canadian DollarFXCM

Description

My brief Daily & 4hr GBP.CAD chart analysis.

I will be updating this pair as we progress to give a clearer insight into what i'm watching.
Comments
bolli49
Hi; Daily at 1,75325 = my 100% Fib. and 1,67786 Fib. 0%; i'm waiting for Retracement 38% at 1,70666 . My Pendung Sell limit .SL = 1,72 TP 1 = 1,65 ( Fib. Proj. 161%); TP 2 = 1,62( Fib. Proj. 200%); TP 3 = 1,577 ( Fib.Proj. 261%)
UnknownUnicorn180388
@bolli49, I hope all goes well into next week.
Melchizedek
NICE! I got pretty much the same result with my flags and flag poles. Good Luck on pulling off your shorts! Uh, err, you know what I mean... heh heh heh... just waiting on the signal now!!

UnknownUnicorn180388
@Melchizedek, Nice chart, very similar in it's approach.
I hope all goes well for you into next week.
Melchizedek
@Melchizedek, PS: The Big Blue Outlined "Z" (the mark of Zorro) doesn't carry any trading weight that I know of... heh heh
UnknownUnicorn180388
@Melchizedek, I don't think it will help but you never know :-)
Melchizedek
@Melchizedek, PPS: The use of Pink and Blue colors is in no way indicative of sexual identity, we are for equal pay whether blue or pink lines are used!
4XRandalll
@Melchizedek,
Probably an 80's guy... pink and blue was all the thing back then.
I found similar flags forming on GBPUSD 4H/Daily. :)
Melchizedek
@4XRandalll, Nope. Much much older than that! heh heh heh...
4XRandalll
@4XRandalll,
A link to what I am seeing on GBPUSD

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