GBPCAD waiting for retracement into comfirmation level
GBPCAD currently in the making of wave 4.. normally wave 4 was a wave that we need to avoid to trade.. best is we wait until wave 4 completed.. based on my analysis i'm expecting wave 4 will completed around territory of wave 1 that the place safe for me to go short on this pair.. with stop loss place at the end of wave 2. in a higher degree market i'm expecting market will move downwards in a 5 leg down to completed correction of wave B... before goes uptrend back for wave C in a higher degree . TQ