GBPCAD is currently in a correction. We could very likely be in a 335 flat correction, which would make wave C 5 waves as opposed to the 3 waves shown in the chart. Either way, we'll be looking for a short from these levels.
Trade Idea:
- No safe entry for this trade
- Risk Entry now with tight stops above the recent highs
- Invalidation for this scenario will be once we move past the highs of 1.7333
- Main target is: 1.661 (500pips)
Please bare in mind this is a risk entry.
Goodluck and as always, trade safe!
Trade Idea:
- No safe entry for this trade
- Risk Entry now with tight stops above the recent highs
- Invalidation for this scenario will be once we move past the highs of 1.7333
- Main target is: 1.661 (500pips)
Please bare in mind this is a risk entry.
Goodluck and as always, trade safe!
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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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.