GBPCAD shorting idea
On a HTF, price didn't make a higher high from 1.73370, it came to 1.73141 and dropped since. This indicates a probability to reverse trend to short. Currently its on a distribution area which I'm entering for a short position until 1.69100. It could drop lower than this but we have to see the price reaction at that price level.
SL: 1.71454
Please trade on your own risk management.
Good luck.
SL: 1.71454
Please trade on your own risk management.
Good luck.
Trade active
floating, tiresome for mindTrade active
we are halfway there boom
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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.