GBPCAD GBPCAD This trade concept uses a fixed risk–reward ratio of 1:5. My entry, stop loss, and take profit are pre-planned. The SL is placed where the setup fails; the TP is set to 5R. Purpose: to demonstrate trade structuring for asymmetric returns—not to give a trading recommendation. I’ll post the result afterward to maintain a transparent trading record. Disclaimer: Educational use only. Make your own trading decisions.
GBPCAD The 4hr first leg is complete, and I plan to enter only from the next demand zone - ideally today since this is a significant institutional demand area (check your left) and I also lean towards EUR GBP going down to finish the pattern - not certain if that will happen today or at the start of next week. It's really about interpreting the GBP CAD candlestick from this demand zone! Good luck!
GBPCAD we could be in midst of a breakout, I advice to wait for 2 more candles to complete before committing for the buy to confirm bullshit direction (1H)