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GBPCAD H1: +200 pips BEST Level to SHORT/HOLD(DUMP)

Short
FX:GBPCAD   British Pound / Canadian Dollar
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GBPCAD H1: +200 pips BEST Level to SHORT/HOLD(DUMP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because I expect reversal
from overhead. read entire idea before shorting!


🔸 Summary and potential trade setup
::: GBPCAD 1hour/candle chart review
::: price action contained within FLAQ
::: updated/revised outlook
::: BEARS taking over from FLAG setup
::: FLAG already cracked expect DUMP
::: BEARS market SHORT IT TP +200 pips
::: for best results short from overhead
::: final TP BEARS is 5400 +200 pips
::: BEARS will take from here into FED
::: expecting pullback / re-test of 5400
::: recently got OVERBOUGHT
::: best entry: NEAR market or short rips/rallies
::: or short sell rallies/rips (may not happen)
::: recommend to SHORT/HOLD exit 5400 +200 pips
::: recommended strategy: SHORT/HOLD rips/bounces
::: TP1 BEARS +100 pips TP2 BEARS +200 pips
::: final TP BEARS is 5400 +200 points / channel lows
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 5400 fresh demand zone
::: 5640/ 60 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS DUMP/5400
::: Sentiment outlook mid-term: BEARS DUMP/5400

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comment:
+140 PIPS ALREADY / CONGRATS
Comment:
also feel free to review my other recent ideas below
Comment:
+500 PIPS RUNNING PNL
GBPNZD H1: H*S / SHORT IT +300/+600(SL/TP)(SWING)
Comment:
+160 PIPS RUNNING PNL
GBPCHF H1: +150/+300 pips Best Level to SHORT/HOLD (SL/TP)
Comment:
+200 PIPS RUNNING PNL
GBPAUD H1: +150/+300 pips Best Level to SHORT/HOLD (SL/TP)
Trade closed: target reached:
TP HIT +200 PIPS IN 24 HOURS

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