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TinyOctopus

EURCAD Recovering from a rebound to resume the uptrend

Long
Euro / Canadian Dollar (OANDA:EURCAD)  
TinyOctopus Updated   
OANDA:EURCAD   Euro / Canadian Dollar
Pivot Points Fibonacci Technical Indicators
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pivotpoints fibonacci indicator
Still testing my indicator/strategy

Nice uptrend
Near daily pivot
Recovering from a rebound (went up too fast, was pulled back, getting ready to go up again)
.886 Fib retracement

Enter aound 1.56
PT 1.57
SL around 1.559

R:R 1:4
Trade active
Comment:
Messed up my Fib. Entry should have been at 1.60. Extending stop loss
Trade closed manually:
Pivot turned into resistance
Comment:
Looks like we ended up bouncing from the weekly pivot very cleanly. Also, I should get some sleep before entering/exiting trades
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