GCAD wild idea -going down to meet congestion area
Updated
Taking a wild semi-educated guess GCAD may hit south to the congestion zone.
Trade active
So we are right on target with the congestion zone reached. Anyone who have taken a short trip down will be 120 pips in the pocket which is great for intra-day traders.Now is a good time to take your profits, but seeing that the structure may be a little more bearish I may hold it to 1.66458 level before TP.
Trade closed: target reached
GCAD now trades at congestion zone, TP-ed and will monitor.
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