GBPCAD: Trend-Following Trading Plan ðŽð§ðĻðĶ
On today's live stream we discussed GBPCAD pair.
The pair has recently violated key daily structure support to the downside.
Retesting that the price started to coil within a narrow horizontal trading range on 4H.
To catch a bearish move, wait for a 4H candle close below the support of the range.
Then sell aggressively or on a retest.
Initial goal will be 1.6865
In case of a bullish breakout of the resistance of the range, the setup will be invalid.
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