trungle83

Gbpcad short term long to retest previous highs

לונג
trungle83 מעודכן   
FX:GBPCAD   לירה שטרלינג / דולר קנדי
Watch for a clear breakout to retest previous high.
Price needs a deeper correction on higher time frame before another consideration to the downside. Keep in mind, the higher time frame is still bearish, so keep the long positions short term would be a fair play.

עסקה סגורה: הגיע לסטופ:
Spread took the trade off lower than break even. So went out at a loss.
Still a good trade but not a winning one.
הערה:
Reversed, still trading within this wedge. A break out and hold is a possible short term long trade up
הערה:
Multiple hidden divergence on the weekly
הערה:
Hidden divergence and divergence on Daily
הערה:
As mentioned, a break and hold will be seeing a short term long. If ur in long keep holding until next structure levels, major TL and EMA200 as levels to break for a higher continuation.
My longer term bias is still down, so this move is a deeper over dued correction.
הערה:
2nd attempt working out better.
I think this will go to 1.758 so left 1 position open and took profit.
הערה:
Very slow and choppy week across all pairs but Friday broke out
Will be out at 1.758
עסקה סגורה: היעד הושג:
Out at 1.758

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