Description
⋅ GBPCAD Potential +2.5RR. Confluences on the chart.
Comment
⋅ 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.