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...
In the upward trend that the pound has taken, it can see higher numbers and grow up to 1.23.
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) Leave comments or likes to keep our content free and alive. 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 FOLLOW ME FOR ANY UPDATES . IF YOU HAVE ANY QUESTION COMMENT BELOW...