GBPCAD - exploit rectangle until decision

2019-11-03 02:21:11

Until this pair decides direction, we can exploit this 60 to 90 pips area on lower time frames with relatively low risk.
Let's see how will open and then try to catch a small position trade. When waters clear up, I'll be looking for larger positions in any direction.

Daily chart:
https://www.tradingview.com/x/uRsI55Jw/

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)