We got a perfect drop on GBPCAD today. We entered at 50% of the consolidation zone for a return to the key level between 1.73500 and 1.73250.
We are currently at a decisive level where price can either continue through this zone or reverse and return back to the supply.
Entry Criteria:
Decisive Break outside of zone
Price must break zone and wicks sitting below/above it.
In either direction we are expecting 120 pips with a minimal risk of 15 pips or less.
We are currently at a decisive level where price can either continue through this zone or reverse and return back to the supply.
Entry Criteria:
Decisive Break outside of zone
Price must break zone and wicks sitting below/above it.
In either direction we are expecting 120 pips with a minimal risk of 15 pips or less.