AUDCAD 1HR 2618 OPPURTUNITY
Updated
Trade entry has already happened. forgot to post but decided to post anyway, kinda learning experience etc.
double bottom oversold
wait for break above close above
then buy the fib .618 retracement
i personally measure out for a 1:1 RR
using 1 ATR as stop loss and retraceing to the new high close
double bottom oversold
wait for break above close above
then buy the fib .618 retracement
i personally measure out for a 1:1 RR
using 1 ATR as stop loss and retraceing to the new high close
Trade active
Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.