Sell #GBPCAD Plan
First Entry was at 1.7019
Second Entry is pending order at 1.7037
Stop is at 1.7079
Target is at 1.6947
I have 5 reasons to sell GBPCAD for a daytrade.
1. Currency Strength Meter CAD is strong GBP is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
First Entry was at 1.7019
Second Entry is pending order at 1.7037
Stop is at 1.7079
Target is at 1.6947
I have 5 reasons to sell GBPCAD for a daytrade.
1. Currency Strength Meter CAD is strong GBP is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
Trade closed manually
Closed at breakeven. read the rules
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.
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.