British Pound / Canadian Dollar
Short
Updated

3:1 ratio swing trade

Monthly - bearish : restest of neckline M formation

Weekly - bearish : restest of neckline M formation
+ : retracement to fibonnaci level 50%/61.8%

Daily - bullish :
When we will start getting bearish signal,
I will be looking for sell
in the 4h chart and lower
Note
snapshot
Note
snapshot
Perfectly called
Note
the market is still bullish we need to see a clear shift of structure before taking the trade

the market can continue to go higher
Note
sell limit in place

snapshot
Note
sell limit cancel waiting more confirmation
Note
for Now my view of this pair was wrong we have to see how the monthly candle is gonna close before looking for something.

I did not take any trade because nothing was lining up with the rules of my strategy.

Disclaimer