POW reversal strategy in use on this GBPCAD short.
Trade details for current trade are shown on the chart.
We are working the 20M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Previous trades can also be seen on chart.
Can we go three for three.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren