GBPCAD 4H ABCD into a Major Resistance Area
Here I can see an ABCD pattern unfolding into the previous Trading Range (TR). The completion area is in the resistance area of the previous TR. Therefore, I hoping for sellers to come in there. I am inputing an order at 1.69 with a 50 point stop.
Trade active
I have been filled.Trade closed: stop reached
I have been stopped out for -50 pts
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.
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.