GBPCAD 4HOUR TIMEFRAME SHORT

2019-12-04 03:26:37

In this chart you can it is moving in a nice upwards channel, I have set my support and resistance level you can see it hit the resistance line and has bounced back downwards with a nice bearish 4HOUR candle which closed the second one is still running and looks quite bearish. For this trade i will be trading them between the trend lines, I will be looking to enter this trade once the 4HOUR candle closes. if i really wanted i could enter this trade now but i like to trade as safe as possible. PATIENCE PAYS!