British Pound / Canadian Dollar
Short
Updated

SHORT - GBPCAD (D) (28 May 2023)

134
Position Trade - GBPCAD

Shorting opportunities for this pair as it reached the Monthly Supply on the 1st re-test
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In the Weekly Chart,
- I am expecting price to press hard down once it touches the 6M Supply Proximal zone line
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In the Daily Chart,
- I am looking for SELL in the clean zone marked out
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A pending SELL limit order has been placed in the Daily Chart on 28 May 2023.
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In the Monthly Chart, price has reached the Monthly Supply (HOORAY!)
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Waiting for price to be triggered in D1 Chart as the short position/s have been placed
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In the Weekly Chart, as predicted, price is bearish once it hits the 6M supply proximal line
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Waiting for pending order/s to be triggered.

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