I have a Bearish Stance on the GBPCAD...
Entry Area:
- Retracement to Congestion Area (Purplish Area)
- Classic Central Pivot Point.
- Retracement to FIBO 38-50% Area
- TP#1 - 1:1+ RR (30pip SL and 50+ pip TP)
- TP#2 - 1:25+ RR (30pip SL and 75+ pip TP)
- TP#3 - 1:35+ RR (30pip SL and 95+ pip TP)
Use at own risk...Am a rookie!
Entry Area:
- Retracement to Congestion Area (Purplish Area)
- Classic Central Pivot Point.
- Retracement to FIBO 38-50% Area
- TP#1 - 1:1+ RR (30pip SL and 50+ pip TP)
- TP#2 - 1:25+ RR (30pip SL and 75+ pip TP)
- TP#3 - 1:35+ RR (30pip SL and 95+ pip TP)
Use at own risk...Am a rookie!
Trade closed: stop reached