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HayatoDragonFX

GBPCAD, Daily tf, HnS pattern in play

Short
Sterlina / Dollaro canadese (FX:GBPCAD)  
HayatoDragonFX  
FX:GBPCAD   Sterlina / Dollaro canadese
Support and Resistance Supply and Demand Head and Shoulders GBPCAD gbpcadshort gbpcadsell gbpcadsetup priceaction priceactiontrading priceactionanalysis
2
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supportandresistance supplyanddemand headandshoulders gbpcad gbpcadshort gbpcadsell gbpcadsetup priceaction priceactiontrading priceactionanalysis
As you can see price right now making a clear HnS pattern.
All GBP crosses already melt down during the last 2 days and only GBPCAD remains.

We could see this pair melt down following previousy GBPNZD and GBPAUD. Both pairs was mentioned in my post previously and both trade hit my target profit.

Sell GBPCAD 1.7290
Stop loss 1.7460
Take profit 1.6800 (2.9R)

Use 1-2% risk
Good luck

Idee correlate

HayatoDragonFX
GBPNZD, 4hr tf, sell the end of wave-iv
HayatoDragonFX
GBPAUD, 4hr tf, sell the end of wave-iv
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