I have a Bearish Stance on the GBPCAD...
Entry Area:
- Retracement to Congestion Area (Purplish Area)
- Classic Central Pivot Point.
- Retracement to FIBO 38-50% Area
- TP#1 - 1:1+ RR (30pip SL and 50+ pip TP)
- TP#2 - 1:25+ RR (30pip SL and 75+ pip TP)
- TP#3 - 1:35+ RR (30pip SL and 95+ pip TP)
Use at own risk...Am a rookie!
Entry Area:
- Retracement to Congestion Area (Purplish Area)
- Classic Central Pivot Point.
- Retracement to FIBO 38-50% Area
- TP#1 - 1:1+ RR (30pip SL and 50+ pip TP)
- TP#2 - 1:25+ RR (30pip SL and 75+ pip TP)
- TP#3 - 1:35+ RR (30pip SL and 95+ pip TP)
Use at own risk...Am a rookie!
Trade closed: stop reached
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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.