It has been some time since I have posted something.
Technical:
-everything is with the trend
-strong resistance was broken + now retested
-pullback within my Fib. zone
-pullback was within my 100EMA-200EMA zone (dynamic support)
-strong rejection wicks (one of the most important things btw)
-increase in volume on 15min timeframe
Fundamental:
-there arent any news coming up. I should be fine
-90% of retail traders are short on GBPCAD ---> LONG POSITION
Technical:
-everything is with the trend
-strong resistance was broken + now retested
-pullback within my Fib. zone
-pullback was within my 100EMA-200EMA zone (dynamic support)
-strong rejection wicks (one of the most important things btw)
-increase in volume on 15min timeframe
Fundamental:
-there arent any news coming up. I should be fine
-90% of retail traders are short on GBPCAD ---> LONG POSITION
Comment:
was a loss! not discouraged tho, losses are a part of trading. This month is still green tho