GBPCAD (DAILY) BEARISH MOMENTUM
Bearish bias on GBPCAD.
Moving closer towards it apex with evident bearish signals in play,
Lower highs and lower lows following a clear correction phase.
Targets 1 & 2 clearly shown. Price action discount everything. Strict 3/1 risk reward ALWAYS.
Work in percents and pips NOT money. Psychology is key.
Awaiting a clear sell signal.
Moving closer towards it apex with evident bearish signals in play,
Lower highs and lower lows following a clear correction phase.
Targets 1 & 2 clearly shown. Price action discount everything. Strict 3/1 risk reward ALWAYS.
Work in percents and pips NOT money. Psychology is key.
Awaiting a clear sell signal.
Comment:
Approaching first target will see how price actions shapes up at this level and partial profits to be taken also halving the risk.