AUDCAD Trade Idea Failed. Price Retested Channel Support 3x and Support Became Resistance. The Stop Loss Level Was Too Tight. Next Time, Have A Larger Stop Loss Level Area.
Look at price in relation to EMA 10 EMA 20. The Exponential Moving Average.
This may not be a "parallel channel." I might be guilty of curve fitting on this trade set up.
Outcome
Pips Loss/Gain
-68.9 Pips
R Multiple Loss/Gain
-1R
Look at price in relation to EMA 10 EMA 20. The Exponential Moving Average.
This may not be a "parallel channel." I might be guilty of curve fitting on this trade set up.
Outcome
Pips Loss/Gain
-68.9 Pips
R Multiple Loss/Gain
-1R
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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.