I found a nice trade this morning on the NZDCAD.
We have a 240 min valid cypher (just under its entry), lots of structure at the current level and a valid double top in the 60 min (RSI over bought and RSI div)
Nice profit/loss and hopefully a nice trade for today.
Happy trading and let me know your ideas on this trade!
(PS 786 should of course say 618 fib, sorry for the error)
We have a 240 min valid cypher (just under its entry), lots of structure at the current level and a valid double top in the 60 min (RSI over bought and RSI div)
Nice profit/loss and hopefully a nice trade for today.
Happy trading and let me know your ideas on this trade!
(PS 786 should of course say 618 fib, sorry for the error)
Trade closed: target reached:
Target 1 was reached. I will now wait for the market to pull back into structure and perhaps make a new double top (that would be the ideal moment to enter again for the rest of this trade.
Of course you can also set the targets to break even if you entered with a double contract
Of course you can also set the targets to break even if you entered with a double contract