Short

GBPCAD Moving amazingly

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Hi fellows. this pair is in corrective wave and this corrective wave forming a flag patterns which is about to complete near the trend line. in case price break down the flag before hit the channel line then i will look for the break if break comes with sharp candles then i will look for sell on break.

Note

Watching price action under trend line if price break up the i will look for change in pattern and structure.

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Price is getting rejection from trend line if price retest trend line again look for short.

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Triangle formation is possible fellows.

Note

GBPCAD Break above will change the pattern

Wave-Trader

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