Get started
ImreSG

GBPCAD / SHORT OPPORTUNITY / H1

Short
British Pound / Canadian Dollar (OANDA:GBPCAD)  
ImreSG Updated   
OANDA:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Support and Resistance Supply and Demand GBPCAD cluster confluence Technical Analysis priceaction
15
0
trendanalysis supportandresistance supplyanddemand gbpcad cluster confluence technicalanalysis priceaction
GBPCAD
Trading Bias: Short
Technical Strategy: Support turned to Resistance + Fibonacci retracement cluster

*Wait for price to reach the sell zone + sniper entry on lower timeframes*
Comment:
IF we don't make it to the sell zone and break out of this structure instead, then simply target the second TARGET box. HOWEVER keep in mind it is a holiday in the USA tomorrow

snapshot
Trade closed manually:
Closing trade manually before CAD CPI figures out tomorrow.
Note on trade management: If we had hit TP1 then with stop moved to entry point there is no risk with news.
Position 1: -73 pips
Position 2: + 82 pips
Total Gain: +9 pips
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.