GBP/CAD SIMPLE STRUCTURE TRADE

Güncellendi
Looks like we have a valid bearish continuation pattern, and even though the trendline (light blue) has been broken I still don't feel like hopping on the trade, as we have a major level of Key Daily Structure just beneath. Therefore I prefer waiting for that level to break, retest it (by bouncing of the S1 daily PP) and then enter to get a better entry point.

All other details are displayed on the chart

DO YOUR OWN DUE DILIGENCE BEFORE ENTERING THE TRADE. NOT A TRADING SIGNAL.
İşlem kapandı: hedefe ulaştı
Bearish PatternsCurrenciesForexgbpcadshortstructuretradingTrend Analysis

Feragatname