glennmercer
Short

Short GBPCAD: Trigger at BAMM Line Toward Pivot Cluster

FX:GBPCAD   British Pound/Canadian Dollar
a year ago
GBPCAD             is presenting an opportunity to trade a combination of bat action magnet move lines toward a cluster of missed pivots. Trade will be triggered after a candle closes below the BAMM Line (Body) with SL near structure highs. If price should continue to make new structure lows I will move the SL and update the chart accordingly. T1 is at Bat 1 completion and T2 is at Bat 2 completion. A third target will be placed at the pivot cluster if the bullish bat patterns reach their respective targets and another short opportunity presents itself. If this occurs I will publish a new short idea targeting the pivots.
a year ago
Trade active: Trade active on close below BAMM Line Body. Short at 2.06141.
11 months ago
Trade closed: target reached: The placement of this stop was crucial as price came within 3 pips of SL. I am closing the whole position at T1: +241 pips
Follow me on twitter: @gmercerfx
Shoot me an email: gmercerfx@gmail.com
AngellD21
a year ago
what you think bout this trade?
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glennmercer PRO AngellD21
a year ago
Good morning from east coast USA. I am still in this trade. I have posted a smaller TF bearish bat as well.
GBPCAD Short: Bearish Bat + S/R Zone
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AngellD21 glennmercer
a year ago
yes I saw that thanks for the great work you put into this. We are both from east coast USA !!!
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