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GBPCAD- Analysis by Elliot Waves Theory

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Paun British / Dolar Kanada (FX_IDC:GBPCAD)  
The-Engineer-7 Telah dikemas kini   
FX_IDC:GBPCAD   Paun British / Dolar Kanada
Chart Patterns Wave Analysis
7
3
chartpattern waveanalysis
GBPCAD have completed 5 impulsive wave, because of that we are looking for downward correction.
Another reasons for this analysis is there are a divergence between top of waves 3 and 5 on MACD in addition there is a confirmation for correction since prices broke wave 4 on lower time frame

This analysis to be failed if prices break last peak at 1.71454

Good luck and trade safe.

THX
Dagangan aktif
Dagangan aktif:
We can take the first profit and stop loss on entry
Dagangan aktif:
The analysis is still stand and stop loss will be by closing over it with H4 candlestick .

snapshot
Dagangan ditutup: hentian tercapai
Penafian

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