News event that could affect this trade
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. (GBP) PPI, CPI
. (CAD) Retail Sales

GBPCAD

GBPCAD Daily

GBPCAD is trading at daily resistance level in confluence with MM3. I'd go into smaller TF and look for selling opportunity.

GBPCAD 1hr

On hourly, price reversed from WM3 - bears sell zone for the week. I'm looking to enter somewhere between 38.2-61.8 Fib level. Alternatively, if price fail to reach any of that level, I'd take the breakout trade at the break off the trendline.

One thought on “GBPCAD Daily Sell Setup”

  1. Malesela Nkwe says:

    nice

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