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glennmercer

GBPCAD Short: Cypher + Triangle + 500D SMA

Short
Livre sterling / Dollar canadien (FX:GBPCAD)  
glennmercer Mis à jour   
FX:GBPCAD   Livre sterling / Dollar canadien
Trend Analysis Wave Analysis Chart Patterns GBPCAD Cypher glennmercer gmercerfx Elliott Wave EW
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trendanalysis waveanalysis chartpattern gbpcad cypherpattern glennmercer gmercerfx elliottwaves ew
Hey traders, looking for short opportunities at this level. I like a weak GBP and a strong CAD this week as the S&P is raging and should rally through the end of the year. Cypher is complete at this level as well as confluence with the 500 day SMA and a number of trendlines. Looking for bearish impulses as confirmation. May make a video to accompany this idea. Cheers.
Transaction en cours
Commentaire:
Pair rejected exactly at entry and is moving along nicely. SL moved to B/E
Commentaire:
snapshot
The pair is starting to turn over and gain momentum. Moving along nicely. +99pips at this time.

Video to come...
Commentaire:
snapshot

Great drop in GBP and spike in CAD on CPI and retail sales numbers this morning
Commentaire:
snapshot
Still riding this trade out. Looks like we may see continued downside.
Clause de non-responsabilité

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