PULEMokhothu

GBPCAD 1.72822 + 0.13 % SHORT IDEA

Short
PULEMokhothu Updated   
FX:GBPCAD   British Pound / Canadian Dollar
GOOD DAY TRADERS

HERE'S A SHORT IDEA ON THE GBPCAD PAIR

> GBPCAD IS NEUTRAL ON MOST INDICATORS
> WE ARE STILL IN AN ASCENDING CHANNEL BROKE OUT OF IT AND WENT TO RETEST IT, WE'LL SEE IF THE CHANNEL HOLDS THIS WEEK OR WE SEE A BREAKOUT WITH THE BEARS.

LOOKING FOR SHORT OPPORTUNITIES ON THE PAIR UNLESS WE SEE A SIGNIFICANT MOVE INTO THE CHANNEL SHOWING THAT THE ASCENDING CHANNEL WILL HOLD

RISK MANAGEMENT WITH A TIGHT STOP SINCE WE ARE STILL NEUTRAL ON THE PAIR
PERIOD - SWING
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