GBPCAD SHORT
GBPCAD SHORT, It could retrace back to H1 or H4 depending what price want to do. The large box is on a H4 entry 1.7276 with about 48 pips risk and the H1 is an entry on 1.7244 with about 35 pips risk entry. Lets see what time frame will retrace. But is looking that will sell until next resistance 1.6845
Trade closed: stop reached
GBPCAD decided to retrace a little more on the monthly. It's still a sell on Monthly timeframe. Always have your own confirmations to enter on H4, H1 or the formula that is working for you. I didn't enter because there was not a sell candle on the reverse triangle that I wrote down for H1 and H4Note
March 30, 2021, It retraced back on a monthly but is continuing its direction on a sell. I placed another entry on H4 for a Sell again since I got stopped out. Take a look at the newest chart for the date mentioned
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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.