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GBPCAD H1: BEST Level to SHORT/HOLD +100 pips(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. tagged as SHORT because I expect reversal from overhead. read entire idea before shorting!
🔸 Summary and potential trade setup ::: GBPCAD 1hour/candle chart review ::: setup still valid as of today ::: SHORT from HIGHS and get paid! ::: currently trading near range middle ::: wait for price to max out before SHORTING ::: for best results short from overhead ::: 7400/7410 heavy resistance levels ::: BEARS will take from there ::: expecting pullback / re-test of 7300 ::: get ready to SHORT HIGH ::: best entry: 7400/7410 ::: recommend to SHORT/HOLD 7400 ::: recommended strategy: SHORT/HOLD 7400 ::: TP1 BEARS +50 pips TP2 BEARS +100 pips ::: final TP BEARS is 7300 ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 7300 fresh demand zone ::: 7400/7410 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BULLS/POINT D ::: Sentiment outlook mid-term: BEARS
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