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Late and risk short – but made it

by Gil B, March 3, 2021

GBP/CAD M5 Supply & Demand

by Gil Ben Hur March 3, 2021

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GBP/CAD

|

Short

|

M5

Timeframe:

M5

Analysis Method:

Supply & Demand

Analysis:

As discussed in out trading room, GBP/CHF is rejected by Daily supply.
I noticed it rather late, but decided to hop in for a cost of few pips.

Turned out to win 25.4 pips

Trade Plan:

Manual entry after seeing supply being reactive, and demand is in compression. Target was the first fresh demand below.

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