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Wave-Trader
Jul 28, 2016 9:25 PM

Nice Short term sell setup  Short

British Pound/Canadian DollarFXCM

Description

Sell breakdown the Triangle for trend continuation

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So far moving nicely. Good trade setups take time to be filled so that always wait and watch market behaviour.


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Making new lows, waiting for clear breakdown then expecting trend continuation pattern.

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Watching for sell setup Break up may extend corrective pattern towards upside.

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GBPCAD, Corrective wave extended itself sell breakdown

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Comments
drsteigerwald
Great chart...thanks. Why waste energy on trolls ;)
Wave-Trader
Absolutely its a waste of energy on trolls
John_Igwe_Igwee
Broken to the upside now, where would you place your target if you went long now?
StevenMilward
Thanks. How does 1.672 t/p sound?
Wave-Trader
Sounds really Good but break below is possible
Jnwsk
Beautiful formation!
Wave-Trader
thanks
arif_awan
great brother, is it ok to sell now or sell upon retest.
Wave-Trader
It is breaking you can sale.
arif_awan
thank you
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