GBPCAD Short idea

For educational purposes only.

- Price respected bearish trendline
- Price also respected resistance zone
- Spotted bearish flag pattern for potential downtrend move
- Wait for price action for confirmation before entering

Happy trading :)

Comment:

- price break flag pattern
- looking for downtrend for pole completion

Trade active:

- running 50 pips in profit
- set breakeven and hold position

Comment:

- price currently at major resistance (blue zone)
- a successful breakout will have more downtrend

Trade closed: target reached:

- take profit reached
- close with 200 pips