GBPCAD Short Trade Setup
Updated
Hello traders.
It broke the up trendline and now it's making a correction. I have an entry order as you can see. Waiting for breakout and correction in order to take short trade is also a good idea. Here is my forecast. But of course, I won't keep open this trade until it breaks weekly bottom. I'm just showing you the potential.
It broke the up trendline and now it's making a correction. I have an entry order as you can see. Waiting for breakout and correction in order to take short trade is also a good idea. Here is my forecast. But of course, I won't keep open this trade until it breaks weekly bottom. I'm just showing you the potential.
Trade active
Trade closed manually
It was a breakeven trade. I'm still expecting down move, but probably it is making a bigger correction.
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