Hi, as you can see GBPCAD broke the previous top. If you look on the bigger picture we are at the top of the bigger correction. Taking the sell here is a great idea. It broke the trendline with an impulse. Don't jump in the sell right now. To confirm this big down move it has to make flag under the trendline. When it makes the flag only then i will look for big sell. It could go really deep, but not expecting to break the low.
BONUS: If you look at the previous down impulse you will see what type of the flag I'm looking for!
Make the bank rolls! $$$$$$$ :D
P.S. If you want to see how i manage one trade at BE take a look at update on my CADJPY idea. Amazing! :)
If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you!
Thank you for your support!
All the best,
Antonio
BONUS: If you look at the previous down impulse you will see what type of the flag I'm looking for!
Make the bank rolls! $$$$$$$ :D
P.S. If you want to see how i manage one trade at BE take a look at update on my CADJPY idea. Amazing! :)
If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you!
Thank you for your support!
All the best,
Antonio
Kommentar:
This is the bigger corrective structure. It has 99,99% chance for down move! :)
