FX:GBPCAD   British Pound/Canadian Dollar
9158 29 252
Hi Guys hope you are all having a wonderful weekend. This pair looks like the down side might be ready. It Broke the uptrend of the C wave, this could be a bigger correction for more upside or an impulse for downside, the downside will be confirmed with a nice flag .
These charts are for those who knows how to trade , it's my view of where i believe the pair will go based on my analysis. I highly recomend all new traders read the TV blog http://blog.tradingview.com/?p=2400 (5 things you should never do on trading view) I would add a 6th , never pay for anything unless you have spent a year learning the basice stuff. Only after you have basic understanding of forex you will be able to make an EDUCATED DECISION ON WHAT you need to pay for and what you should never pay for.

Have a nice weekend
Thank you for your support.
Comment: If you are buying for 1000 pips I hope you have stops
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YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
Thanks for sharing!!

Have a great weekend too!
PS: where is the flag i can't see it!! (Just kidding sir) ;)
+4 Reply
LOL
+6 Reply
Thanks for sharing. I know where the "If you don't know what a flag is" comment comes from. Saw the comments on Facebook! Was going to reply that the arrow you had shown, was not the flag, and the flag was show in an image in a comment. Anyway, that guy was irrelevant.

Thanks for the heads up on this!
+3 Reply
Thank you.
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Well i did, and so irritating i wanted to jump in the screen :)
+2 Reply
what country need to be the flag in order to work as a sell?
+5 Reply
waterman SungPLM
USA !
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New Zeland :)
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joeedwards SungPLM
good!
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gbp or cad! ;)
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Interpretation of Forex Flag

https://www.ifcm.co.uk/ntx-indicators/flag

is this interpretation right?
+5 Reply
Looks good Anil.
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HI Anil
Would you be looking for a flag on the 60m or the 4h
kind regards keith
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newwarez2 sherwinm2000
Same inquiry
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newwarez2 newwarez2
I think it will be near in both timing frames
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"If you don't know what a flag is, then don't trade " anil mangal. I just wrote this in my diary !!
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when anil idea out like this i'm comfirm trade BUY to earn 1st hand and set the flag as SL ,blue line as TP 1 when hit then trade SELL and did not put any SL till it Drop
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leong801 leong801
anyway tq anil idea ...yours idea are good
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I love it. "if you dont know what flag is then dont trade." lol
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This would be my guess at the moment:
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(Disclaimer: I am completely new to Trading)
+1 Reply
Kumail Kumail
Wow, was it this break? I couldn't Sell here (just Demo'ing, anyway at this stage) cos I was not watching :o

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thanks anilmangal :D
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the flag is broken now , would it do a rests or correction to the blue line ?
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didnt get the last "buy" comment. sharing my targets for this short
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+1 Reply
Expecting a deeper pull back, to maybe the 61.8% Fib. Then Sell - This assumption is invalid if the low is broken though.My view!!!!!

Trade with care - Thanks for the ideas to Mr Mangal as well
+1 Reply
This trend is now looking like a setup for a LONG
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Great share anilmangal. I caught the short at the top 1.7510. Been riding it down but looks like there's going to be a huge correction coming soon. Was thinking it would make it down to 6600 we'll see. Thanks for the idea.
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Sir,See you a lot of ideas!
the thinking of all of your transactions are flag breakthrough?
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