GBPCAD Setup
Trade at your own risk.
GBPCAD setup possible two different scenarios, #TRADE WITH BANK STRATEGY
Follow your analysis, apply Fib retracement, pivot points, moving averages, etc...
Trade only the breakout of the zones.
Personally, I would scalp it for 10 to 15 pips with decent SL.
Choose which type of trader you would like, you can either be a Breakout, or Retest trader.
GBPCAD setup possible two different scenarios, #TRADE WITH BANK STRATEGY
Follow your analysis, apply Fib retracement, pivot points, moving averages, etc...
Trade only the breakout of the zones.
Personally, I would scalp it for 10 to 15 pips with decent SL.
Choose which type of trader you would like, you can either be a Breakout, or Retest trader.
Note
Uptade#1: BUY Zone broken for some pips, +19 pips secured.Note
Update#2: SELL Zone broken, TP1 hitNote
Update#3: TP2 (SELL) +74pipsNote
Status: Closed.
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.