GBPCAD Potential +2.5RR. Confluences on the chart.
Note
It's a simple HTF Zone/EMA retest with a strong Trend bias. Directional BOS has been used as an added confluence and Engulfing Candle as an entry.Trade active
Floating +1.5RTrade closed: stop reached
CAD got demolished with poor Inflation numbers. Reaction to the news takes us out of the trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.