GBPCAD Short

Updated
Shorting this pair for no apparent reason other than riding its current range bound momentum. Shorted this pair earlier with TP @1.72293 and SL @1.72952. Might have to monitor this very closely in case it breaks out on the upside, esp oil has been rallying up again earlier today, though CAD continues to be flat.

econotimes.com/FxWirePro-GBP-CAD-recovery-lacks-traction-weakness-to-resume-on-break-below-17175-1407278

Daily:
snapshot

Weekly:
snapshot

Confidence: C (I might have gotten a little impulsive earlier lol I could have waited or setup a short stop order)
Trade closed: stop reached
I knew it lol.
Beyond Technical AnalysisCADChart PatternsGBPGBPCADrangingshortshorttermTrend Analysis

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