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GBPCAD H4: SHORT IT from strong resistance TP +215(SL/TP)

לונג
FX:GBPCAD   לירה שטרלינג / דולר קנדי
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GBPCAD H4: SHORT IT from strong resistance TP +215(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I see more upside
before reversal at point D (1420)

🔸 Summary and potential trade setup
::: GBPCAD H4 setup and chart review
::: heavy overhead resistance at 7150
::: fresh liquidity / double top possible
::: marginal upside remains from here
::: strategy lower risk: SHORT IT 7140/7160 SL 40
::: TP BEARS is +215 pips (6940)
::: 6940 mirror S/R level from past
::: likely / high probability target bears
::: no fast/overnight gains
::: setup for patient traders only
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BULLS

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