*GBP/CAD* Entry and Exit
Buy IF: candle closes above the 0%. Take profit at -27% level
Sell IF: candle closes below the 38.2%. Take profit at 61.8% level
Note 1: (optional) For a better entry, wait for the candle to close above or below the mentioned level, and wait for the candle after to retrace back to the fib level. Enter on or close to the fib level.
Note 2: The profit target must not be touched. If the candle jumps/drops and hits our profit target before closing, then our entry is no longer valid and we should wait for the next opportunity.
Good luck!
Sell IF: candle closes below the 38.2%. Take profit at 61.8% level
Note 1: (optional) For a better entry, wait for the candle to close above or below the mentioned level, and wait for the candle after to retrace back to the fib level. Enter on or close to the fib level.
Note 2: The profit target must not be touched. If the candle jumps/drops and hits our profit target before closing, then our entry is no longer valid and we should wait for the next opportunity.
Good luck!
Trade closed: target reached:
Good trade guys