GBPCAD Short
SETUP: Price is at the top of the Ascending channel. Forming H&S Pattern. 61.8% fib retracement.
Entry 1- Retest after support is broken.
Entry 2- Pulls up forming H&S.
SL 1: 1.740.
SL 2: 1.750.
TP 1: 1.723.
TP 2: 1.705.
Note: SL is 1% of account size.
Entry 1- Retest after support is broken.
Entry 2- Pulls up forming H&S.
SL 1: 1.740.
SL 2: 1.750.
TP 1: 1.723.
TP 2: 1.705.
Note: SL is 1% of account size.
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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.