GBPCAD Short Intraday Idea...
When price retraces here, expecting price to hold - I'm not entering on a pending order, will await and see if price action respects the zone.
Other factors to take into account:
- Currency strength
- Entry time (should be during London/NY kill zone hours)
- Check for high impact news events
If price fails to hold here, we could potentially look for a continuation to the upside.
Other factors to take into account:
- Currency strength
- Entry time (should be during London/NY kill zone hours)
- Check for high impact news events
If price fails to hold here, we could potentially look for a continuation to the upside.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.