iamberryrich

short position opportunity

Short
iamberryrich Updated   
CAPITALCOM:GBPCAD   British Pound / Canadian Dollar
so what i did here is i looked are the overall trend which is downwards and with the help of the fibs its telling us that it will go a bit higher to the 50-60% zone and then drop the take profit and stop loss i have put here is in the basis of one to 100% meaning its leverage trading. the rsi is not helping us here but the over all trend looks like this.what do you have to say about this?
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.