USDCAD - Perfect ABCD and Gartley off channel high
Hey guys, I am eyeing a very high probability setup coming up on USDCAD next week.
This is a good setup because
1. It has a deep gartley setting up at 1.3240
2. ABCD completion
3. We are selling off the H4 channel top
Will monitor RSI for dvergence/OB before execution.
Plan, execute and follow through for all these trades.
EP: 1.3240
SL: 1.3290 (50)
TP: 1.3050 (190)
This is a good setup because
1. It has a deep gartley setting up at 1.3240
2. ABCD completion
3. We are selling off the H4 channel top
Will monitor RSI for dvergence/OB before execution.
Plan, execute and follow through for all these trades.
EP: 1.3240
SL: 1.3290 (50)
TP: 1.3050 (190)
עסקה סגורה: הגיע לסטופ:
Got stopped out at 1.3290.
Price reversed at around 1.3295, what a waste.
Should have used round number +10-15 pips as my usual sl strategy.
Good lesson, moving on to the next trade.
Price reversed at around 1.3295, what a waste.
Should have used round number +10-15 pips as my usual sl strategy.
Good lesson, moving on to the next trade.