PAIR:- AUDCAD
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF, Bullish reversal candles, Fib level, TrendLine on 30M TF (Green Dotted)
REASON:- Multiple bullish reversal candlesticks appeared on 78% Fib reacting as support with good wicks play.
On Fib Extended level - TP @ 127.2%
S/R Lines @ 1W/1D/4H/2H/1HR/45M to take entry in 30M tf
ENTRY:- CMP
TAKE PROFIT:- 0.89741 between 127.28 & S/R Line to avoid order blocks
STOP LOSS:- 0.89238 @ previous swing low
RR:- 1:1.9
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF, Bullish reversal candles, Fib level, TrendLine on 30M TF (Green Dotted)
REASON:- Multiple bullish reversal candlesticks appeared on 78% Fib reacting as support with good wicks play.
On Fib Extended level - TP @ 127.2%
S/R Lines @ 1W/1D/4H/2H/1HR/45M to take entry in 30M tf
ENTRY:- CMP
TAKE PROFIT:- 0.89741 between 127.28 & S/R Line to avoid order blocks
STOP LOSS:- 0.89238 @ previous swing low
RR:- 1:1.9
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.