GBPCAD 1:4 RR swing trade Trading the retracement!
Confluences:
-Price structure has been beautifully bearish (LL, LH)
-Trendline has been created and tested three times
-Enter on the 50 fib retracement (on the 4H)
-Stop above the 78.6
-Take profit at the first bullish trendline (daily timeframe)
-Also price broke and is soon retesting a major resistance zone (blue rectangle)
Feel free to tell me your thoughts!
-Price structure has been beautifully bearish (LL, LH)
-Trendline has been created and tested three times
-Enter on the 50 fib retracement (on the 4H)
-Stop above the 78.6
-Take profit at the first bullish trendline (daily timeframe)
-Also price broke and is soon retesting a major resistance zone (blue rectangle)
Feel free to tell me your thoughts!
Feragatname
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.