shomonrobie

Buy GBPAUD Ascending Channel/Counter Trendline Break

Long
shomonrobie Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Buy GBPAUD
Price @ bottom of the Ascending Channel
Counter Trendline Break
.382 Fib Retracement of UP AB SWING
StochRSI oversold
Bulish Hammer Candle Stick Formation

Take Profit: 5 Pip below 1.618 D Extension
Stop Loss: 5 Pips below the lowest low/ AB Swing/ Also below 1.900 Support Level
Risk Rewards: 1.3

Trade with Caution!
I WILL BUY ONLY if price breaks above counter trendline/ and there is a Bullish Candle Stick Formation!





Trade closed: stop reached:
Take Profit was too high!!

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