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Tieronetrading-member

GBP/CAD trend continuation GBP/CAD long. Price retraced at fib 0.382 zone indicating a strong trend and potential bullish move. Fibonacci extension tool used from most recent extension move - 1.272 level is a previous level of resistance. H3HC would be used as entry candle and buy at market order placed 1 pip above H3HC candle. R:R of 1.13. Stop loss placed below Psychological level @ 1.6999. 240 - HTF - identify & predict 60 - LTF - decide & execute Let me know if you entered this trade. Joe
Long
by PIPDADDY22
Be careful of Drop bears in AustraliaThere are multiple sign of a bearish movement that include : - ABCD bearish pattern - Closing Below a Resistance Level - Hitting the Top of the channel - RSI and Price Divergence While I will have to see what the price open at on monday to make a proper entry I'm going to aim for a 2/1. Entering around the middle of the channel which should line up with the 0.38 fibo retracement of the latest move and a smaller support level. Will update Idea further
Short
by dalipips