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pwtrader1
2017년 1월 25일 오후 9시 38분

GBPCAD DAILY INSIDE BAR SHORT 

British Pound/Canadian DollarFXCM

설명

Traders!

We have got pretty interesting trade here on the GBPCAD Daily Chart.
It is Inside Bar Price Action Formation. This signal tells us that we can sell with a Stop Order On The BREAKOUT POINT of that formation which is @ around 1.6403 level. This inside bar is completed at a key resistance level (the upper red one line), and that means a signal for a counter-trend trade

Since the Mother Bar of that Formation is quite big here, we can put our Stop Loss on a 50% retracement of the mother bar.

Good luck!
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