GBPCAD has a rule symmetry wave at the wave 2.
Look left, The Reversal was at 44.6 fibo.
Thus, I predict GBPCAD will down with 5 waves to complete the Bat Harmonic.
Tp1: 1.68219, TP2: 1.66660
Stop loss: 1.71882
Look left, The Reversal was at 44.6 fibo.
Thus, I predict GBPCAD will down with 5 waves to complete the Bat Harmonic.
Tp1: 1.68219, TP2: 1.66660
Stop loss: 1.71882
Trade closed: stop reached
Entry 1: Loss 136 bibsEntry 2: Profits 126 bibs and hold, stop loss move at 1.72106
Trade closed: target reached
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Related publications
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.