Want to see GBPCAD drop and see reaction off the .382 fib.
Retracement to stop people out shorting.
Weekly downtrend so should se good gains on a short position.
Retracement to stop people out shorting.
Weekly downtrend so should se good gains on a short position.
Note
Dropped perfectly, now let's see some recation of .382 fib and retest of daily zone for perfect entryNote
Idea validated and perfect entry on the yellow 4H high for a 100+ pip dropTrade closed: target reached
Caught the trade nicely for a 150+ pip move
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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.