Buy the pullback to the 61.8 levelStopp below the double-low.
Note
Please adjust the fib.dont buy into this ralley now!
Note
adjust that thing like this.Note
Things getting interesting nowNote
Look for something like this.attention, this is 5 minutes chart!
we want to see a break of trendline to the upside, then a flag like the one i draw and then a break of this flag to the upside.
Trade active
i opened a very very small trade because of the change of direction.the trade loses 0.25% of my trading account when stopped out (below the double low), thats ok. but the potential reward is huge, thats ok.
for a bigger trade i dont have the setup ready yet.
Note
look at EURCAD and NZDCAD, too while waiting.Note
a lesson in impatience haha
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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.