GBPCAD-nice opportunity to catch big decline
Hello, i was waiting for this opportunity the hole month.
According to my previous analysis i'm expecting a big and dramatic decline on this pair.
I didn't open any trade then due to market volatility, but market always gives us more opportunities.
Here we can see a nice pullback to the 2.05000 area. I expect this level to be tested and then the decline to continue.
The H4 Ew count also support this bias.
At least 400 up to 800 pips on the table!!!
Best regards.
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis before opening a trade.
Managing is 60% of a trade, anytime I may decide not to open, close or even stop and reverse a trade depending on price action.
Any respectful and constructive ideas are welcome (agree or disagree).
We all are here to learn sharing ideas, have fun and improve our performance.
According to my previous analysis i'm expecting a big and dramatic decline on this pair.
Here we can see a nice pullback to the 2.05000 area. I expect this level to be tested and then the decline to continue.
The H4 Ew count also support this bias.
Best regards.
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis before opening a trade.
Managing is 60% of a trade, anytime I may decide not to open, close or even stop and reverse a trade depending on price action.
Any respectful and constructive ideas are welcome (agree or disagree).
We all are here to learn sharing ideas, have fun and improve our performance.