Possible GBP/CAD Short Position !!

SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe - 1-2 days
Actions on -
A – Activating Event
Market will meet resistance in zone @1.772 - .... and fall to the @1.74 In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 1.74

GBPCAD

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 1.74
Target 2 @ ....

Risk/Reward @ 4.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Chart PatternsfxGBPGBPCADTechnical IndicatorspositionsizingshortsetuptradingtradingviewTrend Analysis

Follow your Trading plan, Remain disciplined and keep learning !!

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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