PIPDADDY22

PIPDADDY22

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...

PIPDADDY22

Potential trend Continuation set up.. Looking for price to retrace to the 0.618 level and RSI over sold confluence.Stop loss set at Entries Candle would be a H3HC and buy at market order would be used as entry. Targets set at the 1.272 fib based extension and stop losses set at psychological number 1.24880. Risk to reward of 1.7.