GBPCAD INTO PREVIOUS LOWS
Updated
REASONS FOR TRADING
-RETEST OF A PREVIOUS MAJOR LOW (NOW ACTING AS RESISTANCE) ON THE 4H TF
- TIP OF 50EMA
-61.80% FIB
PROFITS SHOULD BE TAKEN AT:
- FIB EXTENSION LEVELS
-1.72500 REGION
1) FOLLOW YOUR OWN ANALYSIS
2) USE RISK MANAGEMENT
3) WAIT FOR THE APPROPRIATE CANDLE CLOSURES
THIS IS JUST A SCENARIO, DOESNT MEAN TRADE WAS EXECUTED IF THE CONDITIONS CHANGED
-RETEST OF A PREVIOUS MAJOR LOW (NOW ACTING AS RESISTANCE) ON THE 4H TF
- TIP OF 50EMA
-61.80% FIB
PROFITS SHOULD BE TAKEN AT:
- FIB EXTENSION LEVELS
-1.72500 REGION
1) FOLLOW YOUR OWN ANALYSIS
2) USE RISK MANAGEMENT
3) WAIT FOR THE APPROPRIATE CANDLE CLOSURES
THIS IS JUST A SCENARIO, DOESNT MEAN TRADE WAS EXECUTED IF THE CONDITIONS CHANGED
Comment
TRADE CANCELLED
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.