maxearns

GBPCAD Pullback into a Short

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
Since price is in a downtrend I want to see price on GC pullback into my reversal zone, then if price rejects said zone and price is overbought on the Stoch.. I will sell to 1.70500 with my SL at 1.72050. Around 40 pip risk for 100 pip reward, depends on point of rejection. If price breaks and closes above my price reversal zone, this trade is null.
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