GBP/CAD final push short
Hello traders,
After seeing a MASSIVE impulsive move we had a long, long time of retracement. all the way to the last fib.
Than we saw the break of structure back below the level and we saw the break of the counter-trendline at the same time.
Indicators are showing the bearish signs, we might still see a retest of the last fib level so if you enter, set the stoploss above all structure.
Kind regards,
Tim.
After seeing a MASSIVE impulsive move we had a long, long time of retracement. all the way to the last fib.
Than we saw the break of structure back below the level and we saw the break of the counter-trendline at the same time.
Indicators are showing the bearish signs, we might still see a retest of the last fib level so if you enter, set the stoploss above all structure.
Kind regards,
Tim.
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