GBPCAD 1H Short - Trade Setup
Since GBPCAD Daily is in a resistance zone, I am interested in a short opportunity.
In the H1 time frame, I have identified two possible scenarios
- Aggressive Short on a break of trend line to 1.80200 level
- Conservative Short on a break of 1.809 all the way to 1.8020
** Note: Price may push higher due to dropping oil prices. So no short until one of the above conditions is met.
Good Luck
Check the Daily Setup here: tradingview.com/e/Nn7bZLIf/
In the H1 time frame, I have identified two possible scenarios
- Aggressive Short on a break of trend line to 1.80200 level
- Conservative Short on a break of 1.809 all the way to 1.8020
** Note: Price may push higher due to dropping oil prices. So no short until one of the above conditions is met.
Good Luck
Check the Daily Setup here: tradingview.com/e/Nn7bZLIf/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.