Looking for a potential 800 pip swing on GBPCAD. We have cleared eq lows and have created a break-of-structure (bos). Looking for price to play into the last daily orderblock and then shoot up. I have two potential stop loss ideas, on the tighter stop loss I will be risking 2% while risking 1% on the larger stop loss trade to maximise r:r I have highlighted a green entry zone which I will hedge positions into once price arrives into that zone.
Potential take profit areas are indicated through purple lines.
If you do take this trade and profit, feel free to msg me and send some screenshots😊
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made.