Since price has not made a lower low and the first swing high after a major retracement was pretty strong, I believe we are in a continuing uptrend, with maybe 2 more swing highs that will end around 1.73 or 1.75. The last uptrend was roughly 908 pips. I believe the next move will be a measured move of a similar amount or more before price returns to clear the...
** Be patient, to Maximize the profit and reduce the risk ** Got in SHORT at 1.6368 TP 1 : 1.6269 TP 2 : 1.6234 SL invalidation LVL ~8 pips ( 1H TF is big to place SL** --- **looking to get back in LONG from get in : 1.6234 ~~1.6269 TP1 : 1.6365 TP2 : 1.6509 SL should NOT be bigger than 10 pips! ********* I love this kind of situation where the trend is about...
FX:GBPCAD Safe Trades;
This Setup is very different from the other setups I posted on trading view. Found volume diversion In GBPCAD. Fireworks with high volume indicated the trend reversal thanks
Going for break resistance
I'm long on this pair, a break out from the blue line may fuel an upwards impulse that also breaks the upward trednline.
GBPCAD Bearish complete at 1.272 ratracement 1.272 bounce back to previous resistance
if you see any mistake on my charts please let me know and always trade according to your own strategy. Thanks