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MichaelDForex
Apr 21, 2020 2:40 PM

GBPCAD 4 hour Sell Limit OB - April 21, 2020 Short

British Pound/Canadian DollarFXCM

Description

Order block on the 4 hour
- I am waiting for support to be created, then will short on rejection of the 4 hour block
- The 4 hour block was created when equal highs were broken, identified by the arrow.
- A strong bearish candle broke trend.
Comments
FourOwls
Hi Michael
Another interesting trade here! It's been interesting times lately! Thanks for posting this! Glad that you and Hosam are both working with Krissy on her new site and Forex brokerage, hope that goes well!
MichaelDForex
@FourOwls, hi FourOwls! Thank you, I will be sure to post more in the coming future.
FourOwls
@MichaelDForex, Thanks Michael....your Bitcoin trade was really good and I admit I don't usually trade Bitcoin as it seems to take a long time to do anything! LOL, that shows my short term personality! Thanks for that and while I set my TP a little low, I did trade it twice, so I am very grateful!!
transparent-fx
this is my overall markup for gbpcad from a MTA perspective
MichaelDForex
@transparent-fx, your setup was excellent and seemed to play out as well. My bearish setup takes place after you had your long run. Thanks for sharing @transparent-fx!
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