moorekapital

POUNDCAD TRADING RANGE 1.7500 -- 1.6750

FX:GBPCAD   British Pound/Canadian Dollar
94 0 8
We can see a relentless selling , purely from the bars. Also, the last rally, though strong, is basically a leg in a TR. Such legs often look like they gonna break out but they dont.
Worthy of note here, however, is the 50MA.

This is how we tackled it last week ---Sept12 - Sept16 :

GBPCAD: -
#1. Relax, and make money!
snapshot


#2. Roughly 1hr left for me to take action on Pound cad entry --- I have planned the entries, and the exits. I think I must take some break here

#3. 10mins to go, 2 trades instituted - sellstop, and sell limit
snapshot


#4. Im out, waiting for trade activation
bye!
hahahahah!

#5. sell stop activated!
Now, be prepared for intraday drawdowns
it doesnt matter!
Just fix ur             mind

#6. Explosive!
snapshot


#7. If u did poundcad on me, pls             , kindly book now! we're hitting 1.7165000, until below it, just book now!, we can go in again later

You may want to turn to "Strictly Trade Calls Chat room" --- https://www.tradingview.com/chat/#Q8tWbgGWUxMgOT0K to see how we do this again ;)

Thanks for like :peace:



Comment:
Symmetrical triangle Completion--- H&S Continuation pattern
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