TheFxAce

ALERT: GBPCAD SELL Trade Just Triggered

Short
FX:GBPCAD   British Pound / Canadian Dollar
Update on the SELL trade idea from the beginning of the week we rallied straight through the 1.60 level deep into the SUPPLY/SELL zone between 1.60-1.62 without seeing any SELL signals on my custom indicator.


Today we have just got a 12 hour SELL signal and have now entered the position with a STOP loss above the SUPPLY/SELL zone and will target the 1.56 area previous swing high in current trend taking profit and trailing stop as price goes down.


Please refer to related post to understand the position as well as going through my posts you will see that these setups regulary make several hundred pips easily.


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