GBPCAD...quarter for your thoughts?
We have a 15M Bearish Confirmation.
Risk 15 PIPsicles to Gain 25.
Entry based on Confirmation of change in trend on 15M Chart.
Although there is a TP set, it pays to watch Price Action for continuation from our first target. Maybe a few more shekles for them boys.
Good Luck, Cheers
Risk 15 PIPsicles to Gain 25.
Entry based on Confirmation of change in trend on 15M Chart.
Although there is a TP set, it pays to watch Price Action for continuation from our first target. Maybe a few more shekles for them boys.
Good Luck, Cheers
Note
Additionally, normally these trend change entries are best served from as close to the 78.6 as possible, but on lower TF if you dont fear some draw down, you can enter earlier and guarantee not to miss it.Some people also cascade their entries but I am not messing with all of that right now.
Trade active
Sorry, still learning this whole TV thing. The trade was active when I posted it.Trade slightly in profits.
Note
This is what I was talking about that if price moves back above that gray confirmation line, you could add on some more in the area marked in red.
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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.