I AM STILL LEARNING AND USING THIS TO SEE IF MY ANALYSIS PLAYS OUT.
GBPCAD HAS BEEN IN AN UPTREND SINCE THE BEGINNING OF JULY.
I WANTED TO ENTER AFTER A PULLBACK, SO WHERE THE PSAR FLIPS, STOCHASTIC IS AROUND 20 AND PUSHING UP AND THE HEIKIN ASHI CANDLE IS GREEN WITH A FLAT BOTTOM.
TP'S ARE AT THE SUPPORT AND RESISTANCE AREA'S.
TP1 1.75780 / TP2 1.75983 / TP 3 1.76086 / TP 4 1.76392 / TP 5 1.76697 / TP 6 1.77 // SL 1.75159
GBPCAD HAS BEEN IN AN UPTREND SINCE THE BEGINNING OF JULY.
I WANTED TO ENTER AFTER A PULLBACK, SO WHERE THE PSAR FLIPS, STOCHASTIC IS AROUND 20 AND PUSHING UP AND THE HEIKIN ASHI CANDLE IS GREEN WITH A FLAT BOTTOM.
TP'S ARE AT THE SUPPORT AND RESISTANCE AREA'S.
TP1 1.75780 / TP2 1.75983 / TP 3 1.76086 / TP 4 1.76392 / TP 5 1.76697 / TP 6 1.77 // SL 1.75159
Comment:
I ENTERED THE TRADE AT 1.75653.