CadCHf
This is a probable idea. i have been back testing different pairs and o see this strategy working. after it failed to break the 0.236 level, there was an engulfing at that zone. I am waiting for 0.618 ,0.5 level of that ewngulfing in order to enter. After that, this pair will buy till the fib level of 1.618 of 0.75300 or you can take a profit on 1 level which will be at 0.74500
Just a probable way of seeing it
Just a probable way of seeing it
Trade active
The trade was triggered and we are up 20 pips.. let's lock in some profitsNote
we are 30 pips.. lets lock in profitTrade active
This pair has gone back yo our entry. itis still validTrade closed: target reached
Note
Tp 1 reached... we should hold till Tp 2
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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.