GBPCAD-Short. Cad gaining strength over GBP. Butterfly on 4H.
Updated
Short trade on 4 hours timeframe for GBPCAD . Mid-term bias--: GBP weaker than CAD.
Butterfly pattern formed perfectly on 4 Hours timeframe.
RSI zig zag peak point is reached and forming another bearish line.
RSX reached overbought level and crossed the LSMA.
Trade details:
Entry: 1.75397
TP: 1.7390
SL: 1.7665
Trade already initiated on 4 hours. It is a mid-term to swing trading.
Butterfly pattern formed perfectly on 4 Hours timeframe.
RSI zig zag peak point is reached and forming another bearish line.
RSX reached overbought level and crossed the LSMA.
Trade details:
Entry: 1.75397
TP: 1.7390
SL: 1.7665
Trade already initiated on 4 hours. It is a mid-term to swing trading.
Trade active
Trade closed manually
Another pattern formed, and the price moved faster than expected, signing a reversal might happening, and maybe for us to take another trade.Closed the trade manually at 1.74380. Still a really nice profit. Congrats for everyone that took the trade.
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