British Pound / Canadian Dollar
Short
Updated

$GBPCAD | Bearish Wolfe Wave | Geo Off-Set Rule

233
Hello Traders,

Here is a great GEO' for GBPCAD. I recently closed out my short(related link) and am now looking to short based on this Wolfe Wave formation.

Although we surpassed 5' we did not hit 5". This calls for Geo's Off-Set Rule at point 4 to be considered as a target.

Also take notice of the ab=cd pattern completion. Notice how the pattern completed at a structural level?

To learn more about Geo's Off-Set Rule, please visit: tradingview.com/u/4xForecaster/

Best,
Chartistry
Note
snapshot

Geo's Off-Set Rule Target Hit

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.