dojitrader
Short

A-B-C Plus A Bat Plus Resistance = Defined Risk

FX:GBPCAD   British Pound / Canadian Dollar
53 1 2
Defined risk keeps you in the game,
which is why I like this trend continuation set up.
Only about 40 pips. Maybe 50 pips as this is such
an obvious set up should we bet the market tries
to push past the limits ?
Unless, of course, my idea is wrong ?
Naw, couldn't be, could it ?
As suspected price action has blasted through the suggested
entry and stops. The candlesticks, hourly, has posted a doji
that is almost a grave stone, but, I still think we need to see one
last new high with RSI divergence before a short is advisable.
snapshot
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out