British Pound / Canadian Dollar

Short

Updated

GBPCAD - Short

Broke 4hr Trendline - Look for weakness or rejection to short

Good luck

Note

TP 1 Hit - Half profits taken - moved stops at b/e

Note

Positions @ entry 1.72796

1st Position TP1: 268 pips (134 pips taken - half profits) Still active
2nd Position (Still active) SL placed at b/e

Note

SL moved to 1.70519

Note

SL moved to 1.69033

Note

TP2 Hit - Not taking profits yet as there is more room to the downside

SL moved to 1.68547

Note

What a drop!!

Note

Closing this trade @ 1.64157 with entry @ 1.72796

Positions @ entry

1. Half profits taken (268 pips)
Remainder closed at 1.64157 (430)

2. Closed @ 1.64157 (870 pips)

1568 pips in profit

Trade closed: target reached

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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.

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.