TheDailyTrader_FX

GBP/CAD Approaching Bearish Bat Completion

TheDailyTrader_FX 업데이트됨   
FX_IDC:GBPCAD   영국 파운드/캐나다 달러
Hi Traders!!
This Currency pair has been going sideways since August 2018, forming bearish flag pattern on daily chart.
Bearish Bat is forming inside this consolidation on 4h chart. Completion point of this Bat is near major structure level.

Entry Price/Direction- Short @ 1.74117
Stop Loss - ATR based stop loss order above the Bat's starting point X.
Profit targets - 1st profit target at 38.2 % retracement of the whole Bat.
2nd profit target at Bat's Lows.
Min. Risk/Reward ratio for this set-up is 1.5
액티브 트레이드:
Position Filled.
액티브 트레이드:
T/P 1 Reached
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