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xtbtrader
Sep 24, 2018 7:33 AM

GBPCAD Weekly short Short

British Pound/Canadian DollarFXCM

Description

Hi friends,
We have a good opportunity to short GBPCAD after las bearish outside bar that have done in the weekly chart.
Entry at the break low of the candle 1.6859
Stop at swing high 1.7195
Take profit 1.6405, put at break even at previous swing low or grasp some profit....

Good trading.
Xavi.

Comment

Hi, we can reduce our risk moving stop to 1.7010
Now price is approaching previous low, let's see how price react at this level....
Regards.
Xavi.

Comment

Hi, we can put brake even our trade, as price reached previous low... and now we can face a retracement...

Trade closed manually

Trade exit at break even....
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