Dump might soon prove too much for hedge funds to bear.

Telah dikemas kini
We bounced on support, giving a short entry at a price not too bad.
If it goes up too much SL and aim to short it at 1.71-1.72.

Since there is a relatively strong support I will TP quick and wait for a larger bounce before shorting it aiming for the stars.

I do not expect support to break this easilly, I expect GBPCAD to retrace back down soon probably with RSI divergence on the 4HR, I TP, and then it goes up a few percent, and that is where I short it and HOLD. Support will break in a few weeks in my opinion, last week at soonest.

syot kilat
Nota
Wanted to double up an hour ago, but spread was too high. Still pretty high. Anoying pair.

Actually spread is not my bad with my new broker. I forgot.
Nota
When it drops this fast, you just have to take profit.
syot kilat

Trading View needs a take profit post title.

I am pretty pissed I did not hear my GBPUSD alert, missed out on an easy winner...
Got to make sure I have my volume high enough...
Work just making me so tired I just pass out completely...
Grrr

syot kilat
Dagangan ditutup: hentian tercapai
What I had left got stopped by a pump. I think.
Oh well, whatever.
Hope it goes further up so I can join the trend for a while and take 3% or something like that.

syot kilat
Nota
Maybe I go long actually now...

syot kilat
Dagangan aktif
Long GBPACAD

syot kilat
syot kilat
Nota
Interesting.
syot kilat

What happens now when I remove the rectangles?

syot kilat

The prophecy is true.
youtube.com/watch?v=uwmeH6Rnj2E
Nota
B0000M!

The 15 min RSI is getting pretty hot, so maybe the pounds drops a little, but I'll HODL, I am aiming for more than this. Let it go a little higher.
syot kilat

Looking pretty good on the daily.
syot kilat
Nota
It is retracing now, very probably because retail traders take profit when they are up 5%

I HAD to secure some, but I will HODL and aim for more.

syot kilat
Nota
Aaaaand it's back up.
Idk if I should worry about the rsi divergence... it's just the 15 min chart.
syot kilat
Dagangan ditutup secara manual
Peace.

Since I am going against the trend I am not going to be too ambitious :)

syot kilat

If it goes down again, with rsi divergence again, I will go long, maybe aim more, and expect a 3rd drop with divergence wow that would probably mean a reversal.

Or if it goes up I get a good entry short to join the trend.
ForexGBPCADTrend Analysis

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