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grnntom
Oct 19, 2023 11:34 PM

GBPCAD 4HR Swing Idea Short

Great Britain Pound / Canadian DollarEightcap

Description

The market has given me an opportunity to go long on GBPCAD.

Price had impulsively broke structure to the downside leaving behind a clear demand zone to mitigate. This move presented a selling opportunity at premium Fibonacci levels.

I have a very simplistic outlook at trading which has come after years of dedication. Simplistic is key to me so i hope this analysis has some value. Thank you.

Comment

Currently floating around +65 pips so far!
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