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maxg98

GBP/CAD short opportunity

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
maxg98 Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Moving Averages
0
0
trendanalysis movingaverage
Oscillating up-trend market
50/20 EMA support
+4 S/R touches
Phase: Pullback
Decreasing momentum
MACD Divergence
More than 1:1 win ratio (TP @ last swing high )
Comment:
neutral movement strength and neutral momentum quality
Comment:
I gave my SL because of the last swing low inbetween the current pullback on the H4 chart more breathing room. My new SL is @ 1,69121
Comment:
Title should be "GBP/CAD long opportunity" ...
Order cancelled:
I changed my opinion about the decreasing momentum because the last d1 candle got too much acceleration down. Hopefully the market slows down at this point now.
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