GBPCAD Short: H&S + Channel Breakout = Power Reversal Kort

British Pound/Canadian DollarFXCM

Beskrivning

⋅ 9 maj 2017 11:24

Hey traders, we have a big potential reversal pattern here on GBPCAD. H&S has completed on the 1H with many missed pivots below. Channel breakout will provide resistance against SL. Trade only active at limit and move to B/E target is 1:1. Cheers

Handel aktiv

⋅ 9 maj 2017 12:29

Trade stängt: Stopp nått

⋅ 9 maj 2017 13:21

SL reached on GBP strength. We are still in GBPAUD long. Cheers!

Kommentarer

UnknownUnicorn478105

⋅ 9 maj 2017 16:56

Thank you so much for all the ideas and the charts from which we can learn a lot about trading! :)

janiefravin

⋅ 9 maj 2017 14:23

Does GBPCAD nearly break down? answering me pls, thank you

glennmercer

⋅ 9 maj 2017 14:24

@janiefravin, Sorry, I don't understand your question. The pair may still break down but I don't see any reason to be short at the moment.

patterntrader

⋅ 9 maj 2017 13:15

First of all, thank you for sharing this wonderful trade setup. Looking forward to see the result.

glennmercer

⋅ 9 maj 2017 13:21

@patterntrader, Thanks PT! SL reached on this setup. I'm looking for GBPAUD for pound strength. Cheers

Mer