British Pound / Canadian Dollar

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British Pound / Canadian Dollar forum




GBPCAD Will today’s news be able to change the trend?


GBPCAD GBPCAD This trade concept uses a fixed risk–reward ratio of 1:5. My entry, stop loss, and take profit are pre-planned. The SL is placed where the setup fails; the TP is set to 5R.
Purpose: to demonstrate trade structuring for asymmetric returns—not to give a trading recommendation.
I’ll post the result afterward to maintain a transparent trading record.
Disclaimer: Educational use only. Make your own trading decisions.
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GBPCAD Next week move, just broke out of resistance
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GBPCAD The 4hr first leg is complete, and I plan to enter only from the next demand zone - ideally today since this is a significant institutional demand area (check your left) and I also lean towards EUR GBP going down to finish the pattern - not certain if that will happen today or at the start of next week. It's really about interpreting the GBP CAD candlestick from this demand zone! Good luck!
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