GBPCAD: GET READY TO SHORT!
We got a confirmed bearish trend change for GC (2 LL and 2 LH is what I look for to ensure I do not fall for the trap of a fake trend change!)
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK!
The 50% retracement and 8Hr FVG are in line with previous support turned resistance- thus adding another confluence on this trade.
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK!
The 50% retracement and 8Hr FVG are in line with previous support turned resistance- thus adding another confluence on this trade.
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
Handel aktiv:
Got the pullback I wanted and entered trade
Trade stängt: målet nått:
Closed trade this am- hit TP got my 1.5R :D