TradingView
The_Trading_Wizard_
Apr 6, 2023 2:05 PM

GBPCAD Short Setup Short

British Pound/Canadian DollarFXCM

Description

GBPCAD did a fakeout rejecting major resistance/downtrend line with a bearish engulfing on 4H , so i decided to open a short here , price also broke minor ascending trendline, volume slowed down near resistance, and we also got some bearish divergences on local top, i expect to price go down until our major Ascending Trendline.

Order cancelled

Closed almost at breakeven, gonna wait for more confirmations

Trade closed: target reached

For who that have entered, hit take profit today, i forgot to reenter later on
Comments
nattakit-ngnarungrueang
Thanks!
The_Trading_Wizard_
More