GBP/CAD Consolidation Zone Trade
This is a consolidation zone setup that I am monitoring for entry here shortly.
I am looking for a tap on our entry line for a chance to sell back down to the middle of the consolidation zone.
Ideally we would see a good rejection candle but we have such a tight stop I may just enter regardless as the loss would be so small.
If we fail to get a good rejection or a wick at our entry level, this setup may become invalidated.
I am looking for a tap on our entry line for a chance to sell back down to the middle of the consolidation zone.
Ideally we would see a good rejection candle but we have such a tight stop I may just enter regardless as the loss would be so small.
If we fail to get a good rejection or a wick at our entry level, this setup may become invalidated.
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