GBPCAD - Possible massive downside
This corrective wave is one of my favourite setups.
Price has been overly extended to be form a expanding ending diagonal.
I have been stopped out once due to the UK inflation news. Re-entering now with a more complete pattern and better SL position.
The two short terms targets in blue.
I have a much longer term target on the daily chart (see next post) but not sure if that will happen or if I will be able to hold for so long.
Good luck!
Price has been overly extended to be form a expanding ending diagonal.
I have been stopped out once due to the UK inflation news. Re-entering now with a more complete pattern and better SL position.
The two short terms targets in blue.
I have a much longer term target on the daily chart (see next post) but not sure if that will happen or if I will be able to hold for so long.
Good luck!
Catatan
700pip target on the daily. Will it happen?
Pernyataan Penyangkalan
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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.