GBPCAD : SELL
Updated
TRADE PARAMETERS
Pick Date : 03/20/18
Entry : 1.8402
Stop : 1.8422
Target : 1.7400
TRADE STRATEGY
Income Type : Swing
ENTRY
1.8402 is a newly formed 4H demand zone . Will be doing a set and forget limit order. Price will need to have a strong move into the zone.
STOP
1.8422 is 20 PIPs right outside of the high for some protection
TARGET
1.7400 is the next weekly supply zone .
Zone is fresh and will be hard to break the first test.
Pick Date : 03/20/18
Entry : 1.8402
Stop : 1.8422
Target : 1.7400
TRADE STRATEGY
Income Type : Swing
ENTRY
1.8402 is a newly formed 4H demand zone . Will be doing a set and forget limit order. Price will need to have a strong move into the zone.
STOP
1.8422 is 20 PIPs right outside of the high for some protection
TARGET
1.7400 is the next weekly supply zone .
Zone is fresh and will be hard to break the first test.
Note
Trade may have been missed, I was too conservative with my entry.Order cancelled
Price has left the zone this trade idea was missed due to being conservative with the entry. Closing this trade idea now.
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