GBPCAD Setup
Updated
Trade at your own risk.
GBPCAD setup possible two different scenarios, #TRADE WITH BANK STRATEGY
Follow your analysis, apply Fib retracement, pivot points, moving averages, etc...
Trade only the breakout of the zones.
Personally, I would scalp it for 10 to 15 pips with decent SL.
Choose which type of trader you would like, you can either be a Breakout, or Retest trader.
GBPCAD setup possible two different scenarios, #TRADE WITH BANK STRATEGY
Follow your analysis, apply Fib retracement, pivot points, moving averages, etc...
Trade only the breakout of the zones.
Personally, I would scalp it for 10 to 15 pips with decent SL.
Choose which type of trader you would like, you can either be a Breakout, or Retest trader.
Note
Uptade#1: BUY Zone broken for some pips, +19 pips secured.Note
Update#2: SELL Zone broken, TP1 hitNote
Update#3: TP2 (SELL) +74pipsNote
Status: Closed.
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