GBPCAD TRADE IDEA
INVERSE HEAD N SHOULDERS ON THE DAILY. WE HAVE A BOUNCE OFF THE 50 % FIB RETRACEMENT. MOMENTUM SEEMS ON THE UPSIDE. I FEEL WE BREAK NECKLINE AND MOVE ON UP. IF NOT SECOND SCENARIO IS SELL AFTER SHOULDER IS BROKEN AFTER BOUNCE FROM TL. MY THOUGHTS SAY UP UP UP. INVERTED HNS IS VALID ONCE NECKLINE BREAKS. WATCH FOR RETRACEMENT ON NECKLINE TREND. IF 2 SCENARIO IS VALID IS WHEN THE RIGHT SIDE SHOULDER VIEW IS PASSED, HAPPY TRADING. LETS GET IT
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.