GBPCAD Short [Daily Swing]

Updated
GBPCAD Potential +2.5RR. Confluences on the chart.
Note
It's a simple HTF Zone/EMA retest with a strong Trend bias. Directional BOS has been used as an added confluence and Engulfing Candle as an entry.
Trade active
Floating +1.5R
Trade closed: stop reached
CAD got demolished with poor Inflation numbers. Reaction to the news takes us out of the trade.
Moving AveragesMultiple Time Frame AnalysisTrend Analysis

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