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British Pound / Canadian Dollar
Short
Updated
Feb 20, 2024
GBPCAD Short [Daily Swing]
7
1
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Feb 20, 2024
GBPCAD Potential +2.5RR. Confluences on the chart.
Feb 20, 2024
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.
Feb 20, 2024
Trade active
Floating +1.5R
Feb 20, 2024
Trade closed: stop reached
CAD got demolished with poor Inflation numbers. Reaction to the news takes us out of the trade.
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Moving Averages
Multiple Time Frame Analysis
Trend Analysis
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