


TRADINGYOUNG
SIMPLE ABCD PATTERN BOUNCED OF 38.2 LEVEL LOOKING FOR D EXTENSION @ 11.168 ALSO PRICE IS RETESTING TRENDLINE AND HOPEFULLY SHOULD BOUNCE BACK DOWN
COULD SEE A BEARISH TRENDLINE BOUNCE AND COULD EXPECT A ROLLOVER ONLY SHORT IF BREAKS THE TRENDLINE SHOWN BY THE RED ARROW REMEMBER TO HIT THAT LIKE BUTTON!
MAYBE A PULLBACK TO YELLOW ZONE THEN A ROLLOVER TO THE DOWNSIDE OR A PULLBACK ABOVE THE YELLOW ZONE ONLY TIME WILL TELL.....
50% HIT ON ABCD PATTERN ALSO WAIT FOR ATRENDLINE FOR AN ENTRY
ABCD PATTERN AND A BREAK OF A TRENDLINE IS A GREAT REASON TO SHORT THIS BUT REMEMBER ONLY IF BREAKS TRENDLINE!
ITS BROKE TWO TRENDLINES AND APPROACHING THE THIRD AND A SLIGHT TRIPPLE TOP FORMATION I CAN SEE THIS HITTING THE 1.35 LEVEL VERY SOON!
ALREADY IN A LONG TERM DOWN TREND AND JUST MISSED THE 38.2 RETRACEMENT ALSO MADE A DOUBLE TOP
38.2 HIT AND BOUNCED BROKE TINY TRENDLINE IM LOOKING FOR UPSIDE TARGET
IVE PUT A LONG POSTION TARGET AND SL AND SAME FOR A SHORT POSTIOTION GD LUCK TRADERS
REASONS FOR: ABCD PATTERN COULD BE MADE IF IT REBOUNDS OFF 50 OR 61 WE COULD SEE A DROP TO ARROUND 1160'S LEVEL SO YEAH GOOD LUCK
STILL LOOKING FOR D EXTENSION BUT TRADE IS DOING WELL YOU CAN STILL ENTER
GBPCAD SHORT AS IT HIT 38.2 RETRACEMENT AND WILL HOPEFULLY HIT 161% SO GOOD LUCK