There's a chance to buy on 2.618 on
USDCAD
.
Plan :
1. Wait the price until it reached the Buy Zone (purple rectangle) then wait the reversal signal
2. The TP would be the completion of Inverted H&S, we can take all profit there or just some profit then move the SL to breakeven
3. Wait for breakout signal on the H&S to Buy again
Comment to let me know your thought.
Thanks
Plan :
1. Wait the price until it reached the Buy Zone (purple rectangle) then wait the reversal signal
2. The TP would be the completion of Inverted H&S, we can take all profit there or just some profit then move the SL to breakeven
3. Wait for breakout signal on the H&S to Buy again
Comment to let me know your thought.
Thanks
Trade active:
Price nicely react to the support level, good to buy.
Remenber to use your risk management strategy
Remenber to use your risk management strategy
Trade closed: target reached:
TP for the first trade reached.
Completed the H&S pattern. Trade setting:
- Aggresive : Buy Now
- Not Aggresive : But when the price break the H&S resistance
Completed the H&S pattern. Trade setting:
- Aggresive : Buy Now
- Not Aggresive : But when the price break the H&S resistance
Comment:
Created new idea about the H&S pattern, will be update that idea for the H&S instead of this.