(EP #26) Kelvin Trade Ideas - GBPCAD Bat Pattern 2020-01-17

A bearish bat pattern shows up in one hour chart, it provides a potential reversal level (PRZ) from 1.70890 to 1.70840. In the larger time frames, the market is in down trend after general elections of the United Kingdom, so this selling opportunity in a follow trend trade. I will wait for market gives me confirmation signals which is near PRZ top 1.70890, then I will short this market.

Please follow me if you want to know my trade ideas everyday.