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Bassvl
Jan 8, 2023 2:02 PM

GBPCAD SHORT Short

OANDA:GBPCAD1M
GBP/CADOANDA

Description

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Monthly:

- strong s&d zone

Weekly:

- received multiple bearish candles and reacted on i.c. on the left and trendline

Daily:

- bearish w + h&s
- pattern within a pattern extra powerfull

4H:

- have to wait how price will approach Daily Zone to determine my entry style

Trade closed: stop reached

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- Took 4h reversal without tap of my Daily zone/OB
- Price also made a false break at 4h h&s so we where still bullish

Next time i have to be patient for Daily zone to get tapped first and 4h with confirmed BOS. Too many things against me
Trend AnalysisChart Patterns
Comments
JoeChampion
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Good!
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