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GBPCAD - H1 SHORT SETUP - TMP
British Pound / Canadian Dollar
Short
GBPCAD - H1 SHORT SETUP - TMP
By PHNXCPTL
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Updated
Dec 16, 2018
0
Dec 14, 2018
Entered SHORT on this trade upon strong break of the support of what it seems to be a Triple Top or Head & Shoulders.
Bias for this trade came from the pullback strategy where GBP is weak on H4 and execution is done on lower TF like H2 or H1.
This trade has a potential reward of 2.3R with TP at the bottom (logical TP area).
Dec 16, 2018
Trade closed: stop reached
SL hit. Will re-enter when a valid entry signal reappears.
Chart Patterns
GBPCAD
Trend Analysis
PHNXCPTL
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