GBPCAD long setup

57
Market has completed Elliott wave correction pattern abc. Last swing could not make new low, that looks like a possibility for trend continuation long. Trend line show it strenght, as support level does. Support zone is confirmed by volume profile and Fibonacci levels.

My trade plan:
1. going long on break out of the support zone.
2. keep an eye on price action when resistance zones reached. If confirmed - second trade long will be taken and stop loss of first trade placed into safe zone.

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.