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GBPCAD H8: XABCD BEARS: SHORT IT TP +350/+650 pips(SL/TP)(NEW)

Short
FX:GBPCAD   Livre sterling / Dollar canadien
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GBPCAD H8: XABCD BEARS: SHORT IT TP +350/+650 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: GBPCAD 8hours/candle chart review
::: XABCD setup in progress
::: requires confirmation point C
::: point C mid distribution range
::: BEARS get ready to SHORT IT
::: from point C 7360//7390
::: STOP LOSS is 80 pips
::: recommend to SHORT/HOLD from overhead
::: recommended strategy: SHORT/HOLD 7360//7390
::: SL 80 pips TP1 +350 TP2 +650
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 6650/6700 fresh demand zone
::: 7360//7390 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS

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