GBP/CAD trend continuation
GBP/CAD long.
Price retraced at fib 0.382 zone indicating a strong trend and potential bullish move.
Fibonacci extension tool used from most recent extension move - 1.272 level is a previous level of resistance.
H3HC would be used as entry candle and buy at market order placed 1 pip above H3HC candle.
R:R of 1.13. Stop loss placed below Psychological level @ 1.6999.
240 - HTF - identify & predict
60 - LTF - decide & execute
Let me know if you entered this trade.
Joe
Price retraced at fib 0.382 zone indicating a strong trend and potential bullish move.
Fibonacci extension tool used from most recent extension move - 1.272 level is a previous level of resistance.
H3HC would be used as entry candle and buy at market order placed 1 pip above H3HC candle.
R:R of 1.13. Stop loss placed below Psychological level @ 1.6999.
240 - HTF - identify & predict
60 - LTF - decide & execute
Let me know if you entered this trade.
Joe
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.