GBPCAD is currently in a correction. We could very likely be in a 335 flat correction, which would make wave C 5 waves as opposed to the 3 waves shown in the chart. Either way, we'll be looking for a short from these levels.
Trade Idea:
- No safe entry for this trade
- Risk Entry now with tight stops above the recent highs
- Invalidation for this scenario will be once we move past the highs of 1.7333
- Main target is: 1.661 (500pips)
Please bare in mind this is a risk entry.
Goodluck and as always, trade safe!
Trade Idea:
- No safe entry for this trade
- Risk Entry now with tight stops above the recent highs
- Invalidation for this scenario will be once we move past the highs of 1.7333
- Main target is: 1.661 (500pips)
Please bare in mind this is a risk entry.
Goodluck and as always, trade safe!
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