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GBPCAD INTRA MARKET ANALYSIS: MARCH 15, 2021

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Here we see a potential short position as price just broke out of a bearish flag pattern on H4 and retested on H1, as well as broke out of a strong support level looking left.

Looking for candlestick confirmation on H1 to take our short position and try to ride the bear run down to zone 1.72390 and 1.72263
Not
anlık görüntü

Price is past our 1RR and reaching our 1:2 TP1 Target.

Moving my SL to just below break-even to secure some profits and let this run risk-free to TP2 at about 1.71318 which is 1:4 RR.
Not
anlık görüntü

TP1 smashed!

Breaking SL to break even

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.