GBPCAD finishing of triad cycle
Daily
Range after down trend
It range sooner more bullish
I will w8 and see how the SR and test level will be completed.
Bars shows downtrend
4H
Classical triadic cycle pattern
1 peak around 17% of distance and end of phase
2 peak around 50%
3peak around 80%
1H
weak pullback before going down to test 1.70000-1.69800
I am open short
SL 1.71200
TP 1.70000
Then if it works I will continue shorting after pullback.
I think finally price will reach 1.66500
Range after down trend
It range sooner more bullish
I will w8 and see how the SR and test level will be completed.
Bars shows downtrend
4H
Classical triadic cycle pattern
1 peak around 17% of distance and end of phase
2 peak around 50%
3peak around 80%
1H
weak pullback before going down to test 1.70000-1.69800
I am open short
SL 1.71200
TP 1.70000
Then if it works I will continue shorting after pullback.
I think finally price will reach 1.66500
Trading ditutup: stop tercapai
-399 PIPSRR 3.37
I will wait for re-enter short.
Catatan
As it was expected the last phase of Cycle is ongoing. I will suggest to enter short on pullback
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.