EURCAD SELL SETUP
I'm looking for price to continue to rise to the 61.8% fib level of the AB boundary and continue to the downside for an estimated ~400+ pip move before continuing to the upside.
The take profit level is the 100% extension level and is 61.8% retracement of the original move up.
The take profit level is the 100% extension level and is 61.8% retracement of the original move up.
Note
If price breaks current trendline, I will be entering a sell position and not waiting for price to go to the sell zone.
Trade closed: target reached
Used the extension tool, price reached the 1. Closing position, now looking for buy.Trade active
Price retraced to the anticipated level. Entered on a sell limit.
Anticipating a continuation to the downside.
zoom.us/j/3868218548?pwd=RnZMZklscVROUFZSMk9jT3dKdk9ydz09
Note
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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.
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.