GBPCAD SHORT
Updated
Hello Traders,
We will be opening short countertrend because our BB retracement strategy suggests price to fall back in coming sessions to test 9DMA AND TO RE ENTER BB range inside upper band in weekly.
We will not use stop loss in this strategy as price can move higher also before coming back to 1.73 level , instead we are adding sell limits at 1.75 and 1.77 levels with TP 1.73 ,
lets see how this trade works out.....
Please follow us for new ideas and updates..
We will be opening short countertrend because our BB retracement strategy suggests price to fall back in coming sessions to test 9DMA AND TO RE ENTER BB range inside upper band in weekly.
We will not use stop loss in this strategy as price can move higher also before coming back to 1.73 level , instead we are adding sell limits at 1.75 and 1.77 levels with TP 1.73 ,
lets see how this trade works out.....
Please follow us for new ideas and updates..
Note
TP is about to hit..... pair already down 100 pips
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