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Dennis2501

GBPCAD PRACTICE

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
Dennis2501  
FX:GBPCAD   British Pound / Canadian Dollar
Technical Indicators Head and Shoulders Elliott Wave GBPCAD long-term sellsetup SELL
5
1
indicator headandshoulders elliottwaves gbpcad long-term sellsetup sell
PLEASE note this is not a signal, for educational purposes only.

Accordingly to my analysis, using the Elliot Wave and Fibonacci retracement we should see a move to the downside on this pair.

Starting to Sell when the 4tb Wave has respected the Fib level, riding it all the way down to 0.5800

Sell: 0.6800
SL; 10 pips (0.6810)
TP: 10.000 pips (0.5800)

Please let me know what your thoughts are.
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