Arturo77
We’re fading the recent CAD/JPY rally with a sell-limit at the 38.2% retracement (≈103.60), anticipating a continuation of the larger down-impulse. • Entry: 103.597 (Sell Limit at 38.2% fib) • Stop Loss: 103.982 (just above 23.6% fib) → 37.5 pips / 0.36% risk → $2.70 at 0.01 lots • Take Profit: 102.514 (78.6% extension) → 109.3 pips / 1.05% reward → $7.58 at...
Direction: Long (Buy) Entry Type: Limit Order Risk-to-Reward Ratio: 3.47 Technical Context: AUDCAD has been developing a strong bullish trend structure with clean higher highs and higher lows. Price has recently broken out of a consolidation range and is now forming a potential continuation setup. The current entry targets a retest of the breakout zone, which...
Timeframe: 15 minutes Direction: Long (Buy) Entry Type: Limit Order Risk-to-Reward Ratio: 2.9 Technical Context: The trade is based on a clean bullish structure following a strong upward impulse. The pair broke above a significant resistance zone, which has now been re-tested as potential support. This zone aligns with a prior consolidation area and serves as a...
Long position based on support and resistance following the bullish trend in 1 hour