GBPCAD - SHORT POSITION : 9/9/2020 TIME 12:00

 

Momentum on MACD histogram - Yes

Volume increase on Volume indicator - Yes

Inside Bar Candle Pattern  - Yes

Breakout of the Candle Pattern - Yes

EMA 6,12,24 downward alignment - Yes

Price Below the EMA's - Yes 

Entry Price - 1.71218

Stop Loss - 1.72276

Take Profit - 1.69060

Take Profit Hit

See back ground of the Analysis