GBPCAD - Trend Continuation
Updated
Market structure: Range
Setup: Trend continuation
Trend continuation candlestick pattern: Bull flag
Entry: Range market, price currently moving away from support making a bull flag pattern, looking to enter when price break across bull flag swing high around 1.70490 area
Stop loss: 1 ATR stop loss at swing low of bull flag pattern
Take profit: will trail using 5 ATR stop Loss
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Setup: Trend continuation
Trend continuation candlestick pattern: Bull flag
Entry: Range market, price currently moving away from support making a bull flag pattern, looking to enter when price break across bull flag swing high around 1.70490 area
Stop loss: 1 ATR stop loss at swing low of bull flag pattern
Take profit: will trail using 5 ATR stop Loss
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Note
setup did not occurOrder cancelled
Always trade with the Trend, Trend is your friend until it bend
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