We had a very great trade of NZDCAD with 150+ pips several days ago^^. Now Gbpcad is coming to the SUPPLY zone and I am keeping a close eye on it.
We are now in the heavy Resistance level, a massive sell pressure when the price gets into this zone before.
So I think it is worth to scale several SELL positions here. But Wait, we have to be patient to wait for REVERSAL CANDLES or PATTERNS on the low timeframe before OPENING ORDERS.
***LIKEs and COMMENTs would be appreciated. Thanks all!
We are now in the heavy Resistance level, a massive sell pressure when the price gets into this zone before.
So I think it is worth to scale several SELL positions here. But Wait, we have to be patient to wait for REVERSAL CANDLES or PATTERNS on the low timeframe before OPENING ORDERS.
***LIKEs and COMMENTs would be appreciated. Thanks all!
Comment:
Sell Gbpcad 1st entry: 1.7765. Stop 1.782. Take profit 1.745. This pair has high volatility so keep your position small
Comment:
Sell GBPCAD: 1.7765 - 1.78
Take Profit: 0.745
Stop Loss: 1.783
Take Profit: 0.745
Stop Loss: 1.783
Comment:
150 pips, H4 support, close if you want:)
Comment:
Comment:
230+ pips. Don't get much greedy, you can close fully around 1.755^^. My task is done for this analysis. Congrats followers!
