GBPCAD is currently in a big ABC correction. We saw a really complex midsection (wave B).
We are now looking for bullish price action to catch wave C, which is going to be a massive 2500pips.
Trade Idea:
- we are currently seeing a brief retracement on lower timeframe. Watch for that to complete and bullish price action to appear
- When bullish price action appears, enter with stops below the lows
- Targets: 1.66 (1100pips), 1.76 (2100pips), 1.8 (2500pips)
Please be cautious when trading GBPCAD as its really volatile.
Goodluck and as always, trade safe!
We are now looking for bullish price action to catch wave C, which is going to be a massive 2500pips.
Trade Idea:
- we are currently seeing a brief retracement on lower timeframe. Watch for that to complete and bullish price action to appear
- When bullish price action appears, enter with stops below the lows
- Targets: 1.66 (1100pips), 1.76 (2100pips), 1.8 (2500pips)
Please be cautious when trading GBPCAD as its really volatile.
Goodluck and as always, trade safe!
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Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.