Possible GBP/CAD Short Position

SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1 Day
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will be rejected at @1.7024 level and move towards the first Target 1 level @ 1.691 level.


GBPCAD

Trade Management
Entered @ Still waiting for confirmation.
Stop Loss @ Still waiting for confirmation.
Target 1 @1.691 level.

Risk/Reward @ 2:1

Happy trading. Will let you know closer to the time if or when executed:)


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!