GBPCAD - Look for Continuation Long (Scalping) 1:3!
Updated
GBPCAD failed to create a new high in the HTF. Zooming into the LTF, the price has returned to the demand zone. With confirmation and strong confluence, an entry can be considered to the nearest supply zone. To minimize risk, the trade can be set to break even if the price breaks the top of the box.
Let's observe how the price reacts to this analysis. Regardless of the outcome, always manage your risk!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Let's observe how the price reacts to this analysis. Regardless of the outcome, always manage your risk!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Trade active
Patience is the key, 40pips and more to come!Trade closed: target reached
5opips, that's more than enough for me. 
_S.Fx_
Disclaimer
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