ForexGPT has detected a potential setup on EURCAD.
This setup is a valid scan and all criteria are fulfilled. I will be taking this trade and risking a full percentage point on my funded account.
This trade is in line with the overall yearly trend. The stop loss area has not been breached on the signal. The market pushed in the direction of the signal.
ForexGPT is a proprietary market scanner based off the detection of a particular candlestick pattern that I have found to be a high probability indication of market reversal points.
ForexGPT gives the entry point, suggested stop loss, and suggested take profit points for each trade.
For this particular trade, I am extending it to the most recent high.
I consider this to be a "Holy Grail" setup as the risk to reward is 1:10 and a single winning setup can pass a funded challenge or flip a personal account 100%.
These are the types of setups that traders dream about.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.