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GBPCAD D1: BEST Level to SHORT/HOLD +300/+600 pips(SL/TP)(SWING)

Long
FX:GBPCAD   British Pound / Canadian Dollar
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GBPCAD D1: BEST Level to SHORT/HOLD +300/+600 pips(SL/TP)(SWING)
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 1day/candle chart review
::: currently trading in mid range
::: trading here is risky
::: for best results short from overhead
::: 7750/7850 heavy resistance levels
::: BEARS will take from there
::: expecting pullback / re-test of 7250
::: get ready to SHORT HIGH
::: best entry: 7750/7850
::: higher risk strat: MARKET BUY EXIT 7750
::: recommend to SHORT/HOLD 7750/7850
::: recommended strategy: SHORT/HOLD 7750/7850
::: TP1 BEARS +300 pips TP2 BEARS +600 pips
::: final TP BEARS is 7250
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 7250 fresh demand zone
::: 7750/7850 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS

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