GBPCAD Short: Bearish 5-0 Pattern Complete

10 Eyl 2015

GBPCAD has satisfied the conditions of a bearish 5-0 pattern at the 50% retracement of the CD leg. Missed monthly pivots for June and July of 2015 will likely help drag the pair down to the target area. There is tight zone of confluency around 1.978 shared by .786 XO, 1.272BC projection, and .786BC=DE, which makes for a nice area to take profit. The next level to look for on the downside would be the missed pivot for July.

16 Eki 2015

İşlem kapandı: hedefe ulaştı

Target achieved: +720 Pips