British Pound / Canadian Dollar

Short

Updated

gartly+butterfly=take the chance to short GBP/CAD after BOE

there is BOE meeting on Thursday. Before the meeting, I found these two patterns. If gbp falls after BOE, I will trade according to these pattern.

*A gartly pattern, B (1.77866) is 61.8% of XA and the D(1.8400) is 78.6% of XA.

*A butterfly pattern with B(1.7500)= 78.6% XA AND the same D as the gartly pattern

*need to wait for the BOE meeting, if GBP Falls, then trade it

Note

Also a gartly pattern in GBP/NZD

snapshot

Trade active

Note

also short GBP/CHF

snapshot

Note

GBP/NZD target reach

Trade closed: target reached

thanks a wonderful trade

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Disclaimer

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.

Also on:

Related publications

AB=CD with RSI divergence, short USD/CAD after FOMC

a good short oppourunity in NZD/CAD daily chart

Disclaimer

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.