Hello, everyone! The British pound had an excellent move today in response to the news. I'm looking at the 1D+1h context being short, along with the 1-hour order flow also indicating a short position. I anticipate the London high being taken out, with the potential for further downside continuation.
Hello, everyone! I suggest analyzing three potential scenarios for the development of events on the #EURUSD pair using the higher timeframe.
1 (marked in black on the chart) - Currently, we are in the imbalance zone of the 1D timeframe. Potentially, the price may clear the imbalance and continue moving downwards, possibly making new lows.
2 (marked in red on...
SEll: GBP / CAD
Sell limit: 1.70430
SL @ 1.70980
TP @ 1.69710
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
It is not an investment recommendation
Thanks for your feedback! Much appreciation
Can we all agree That USD/CAD was a good MONSTER trade!!
target 1 was smashed
target 2 STILL RUNNING, MOVE YOUR STOP LOSS IN PROFIT AND BANK 70% OF THE PROFIT
Hope you guys banked your profit!! and i will post an update about any potential SETUP later
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