GBPCAD - Technical Analysis [Short Setup]

🔹 GBPCAD Analysis on 1HR chart
- The current Trend BULLISH
- Bearish Divergence is Present
- No Reversal pattern
- If HL breaks, we will take short position

🔹 Trade Plan
- Entry Level = 1.78051
- Stop Loss = 1.78599
- TP1 = 1.775
- TP2 = 1.7696

🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2

🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR

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