2018-5-21
1. GBPCAD has BO recent daily Low
2. A consolidation area (Blue Zone) has formed after the BO
3. We look to Short when for a BO of this area (Blue Zone)
Stop Loss above the area high
Targets as shown
1. GBPCAD has BO recent daily Low
2. A consolidation area (Blue Zone) has formed after the BO
3. We look to Short when for a BO of this area (Blue Zone)
Stop Loss above the area high
Targets as shown
Trade closed: target reached:
TP#1 Reached
+163 pips
+163 pips
Comment:
Price is retesting previous breakout and gave us a nice RR.
Stop Loss above Previous High (Red Arrow)
Targets as shown