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GBPCAD Sell

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Paun British / Dolar Kanada (FX:GBPCAD)  
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FX:GBPCAD   Paun British / Dolar Kanada
Chart Patterns Wave Analysis Trend Analysis gbpcadshort GBPCAD Forex
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chartpattern waveanalysis trendanalysis gbpcadshort gbpcad forex
We look to short this pair as we look GBP to get weak because of the virus and CAD stronger because of OIL.
Also we have an Institutional candle on 30 minutes which cleared liquidity on the highs on the left.
We created EQLs below which are our targets.
Stoploss above the Institutional Candle.
Beautiful 1:3 R:R
Komen:
price hit Stoploss but from the looks of it it just cleared liquidity above.
Easy peasy, tomorrow on CAD news we'll look for re-entry.
Cheers and will update you with the idea tomorrow ;)
Komen:
as commented 2 days ago price hit SL was looking for price action before news but nothing. Will wait to clear the daily highs before looking for re-entry
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