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Ayoub450
Mar 14, 2021 12:15 AM

GBPCAD, Rejection plan! Long

British Pound/Canadian DollarFXCM

Description

-Going against the trend is risky.
-We've witnessed a massive sell-off movements on GBP/CAD lately, i'm expecting momentum correction in the upcoming days.
-There should be a consolidation around the Rejection area approving the neutral sentiment in the market for a day.
-Trade=False after breaking the level.
-Tighten your stoploss and stick to your risk management. It's a gamble at the end!
-Target : 1.7500
Cheers!

Trade active

Comment

Stoploss to breakeven

Trade closed: target reached

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