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GBPCAD H2: BEST Levels to SHORT +200/+300(SL/TP)(SWING) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. tagged as SHORT because I expect more losses after break down of XABCD setup .
🔸 Summary and potential trade setup ::: GBPCAD 2hour/candle chart review ::: updated/revised outlook ::: still valid as of right now ::: XABCD pattern - BREAKDOWN SOON! ::: previously distribution now it\s ::: breaking down ::: BEARS will target 5200/5300 ::: short sell any rips/rallies ::: because we are going lower ::: BEARS maintain short-term control ::: 5660 is a required print now BULLS/PRZ ::: BEARS can short from point D/PRZ ::: hold your shorts (BEARS) until 5300 ::: or short sell rallies/rips ::: recommend to seek SELL SETUPS ONLY ::: recommended strategy: SHORT AT PRZ/D ::: TP1 bears is +200 pips TP2 bears is +300 pips ::: final TP BEARS is 5300 ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 5300 fresh demand zone ::: 5660 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BULLS/POINTD ::: Sentiment outlook mid-term: BEARS/5300
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