Just been looking at the GBPCAD and I think I have found a ABCD pattern.
The C leg is on the 0.618 retracement (1.8300) with a possible 1.272 retracement to D leg at 1.8500
could I trade the short down to D leg then go long on the D leg?
What do you guys think?
The C leg is on the 0.618 retracement (1.8300) with a possible 1.272 retracement to D leg at 1.8500
could I trade the short down to D leg then go long on the D leg?
What do you guys think?
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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.