Livre sterling / Dollar canadien
Long
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GBPCAD Long Fakeout Trade

123
GBPCAD Long Fakeout Trade

We closed below Previous Day Low and then returned above.
Stop Loss 10 pips below the wick: 1.79793
Take Profit: 1.80425

1. R:R 1:1, 0.5% Risk
2. After reaching TP closing half and moving SL to Breakeven
3. Trailing the rest with market structure on M15

Close the loser before hitting full SL if price moves back to the breakout level without follow-through.
Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1.


*No important news for GBPCAD today*
Trade fermée manuellement
Trade closed manually
Missed TP1, closed trade manually because of strong bearish momentum candles and start of New York session. +203.59$

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