Great opportunit forming on GBP/CAD
We can expect a good down move inside this channel that were placed since April.
This analisys was made with the fundamentals of Elliot Wave and Quarters Theory Trend Waves.
The price is on top of the channel, we can have a great R/R ratio if this trade confirms.
The wave 4 (or Correction 2) is right on the Wave 1 area, so we can put our Stop Loss conservative, and our Take Profit very optimist.
The Wave 4 (or Correction 2) reached the 61,8% fibbo, good point for a trend continuation.
Just look at this chart, and take your own views about it. This is just my personal View, if you see something different, do not trade like me, and be confortable to share with us your ideias.
This analisys was made with the fundamentals of Elliot Wave and Quarters Theory Trend Waves.
The price is on top of the channel, we can have a great R/R ratio if this trade confirms.
The wave 4 (or Correction 2) is right on the Wave 1 area, so we can put our Stop Loss conservative, and our Take Profit very optimist.
The Wave 4 (or Correction 2) reached the 61,8% fibbo, good point for a trend continuation.
Just look at this chart, and take your own views about it. This is just my personal View, if you see something different, do not trade like me, and be confortable to share with us your ideias.
Note
We still inside the move!Lets catch some sell signal in the main session today (25/09) It has a lot of potential downwards, don't miss that!
Note
Great profit running!+330 Pips!!! :)
Lets get this Take Profit boys!
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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.
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.