AbdullahDjendel

GBP CAD - Short Flashcard

Short
FX:GBPCAD   British Pound / Canadian Dollar
GBP CAD - Short Flashcard
- Pair in bearish trend
- Pair presented with a double top which was stopped out after entry
- Then another double top appeared with divergence @ 68 and a false bullish channel
- Entry was on the second leg close below 13 ema
- Stop 15 pips above second leg high
- TP1 @ 800 ema
- Trade close @ RSI cross into volatility bands @ 32 and Signal line @ 110 pips
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.