GBPCAD
SELL SETUP:
SETUP: Double Top, Resistance, Trendline.
ENTRY: Now or after a double top on the 1hr print.
SL: 40 pips max (1% of account)
TP: Red lines.
Note: May see a spike to the top to hit the trendline and resistance.
BUY SETUP:
SETUP: Break and retest of Daily resistance.
ENTRY: Bull confirm on the break and retest on the smaller frames 30 min or 1hr.
SL: 40 pips max (1% of account)
TP: Red line.
TP 2: 1.74.
Note: If momentum is moving fast may need to enter the break and retest on 5 or 15min frame.
SETUP: Double Top, Resistance, Trendline.
ENTRY: Now or after a double top on the 1hr print.
SL: 40 pips max (1% of account)
TP: Red lines.
Note: May see a spike to the top to hit the trendline and resistance.
BUY SETUP:
SETUP: Break and retest of Daily resistance.
ENTRY: Bull confirm on the break and retest on the smaller frames 30 min or 1hr.
SL: 40 pips max (1% of account)
TP: Red line.
TP 2: 1.74.
Note: If momentum is moving fast may need to enter the break and retest on 5 or 15min frame.
Note
SL moved to in profit.Note
SL moved to 30 pips in profit.Note
SL hit in profit.Note
Buy Pending hit at the 1.7 level. SL moved to in profit.Note
Closed buy position for 100pips. No positions currently open.
Looking to Sell the trendline or Buy the break of it.
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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.