GBPCAD | Short H4 | Market Exe |
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 time-frame
- Price action is at a Supply Zone area
- Price action may reverse back below Resistance Trendline
Suggested Trade:
Entry @ Area of Interest 1.7140 - 1.7160
SL @ 1.7258
TP 1 @ 1.7012 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 1.6809
Risk-to-Reward @ Approx. 3.41 (Depending on Entry Level)
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If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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- Stochastics are in Overbought Conditions on H4 time-frame
- Price action is at a Supply Zone area
- Price action may reverse back below Resistance Trendline
Suggested Trade:
Entry @ Area of Interest 1.7140 - 1.7160
SL @ 1.7258
TP 1 @ 1.7012 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 1.6809
Risk-to-Reward @ Approx. 3.41 (Depending on Entry Level)
________________________________
Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated!
If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
________________________________
Disclaimer: The personal opinion above does not constitute as an investment advice. Any decisions taken based on the above opinion is purely at your own risks. DYOR.
Disclaimer
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