EURCAD Recovering from a rebound to resume the uptrend
Still testing my indicator/strategy
Nice uptrend
Near daily pivot
Recovering from a rebound (went up too fast, was pulled back, getting ready to go up again)
.886 Fib retracement
Enter aound 1.56
PT 1.57
SL around 1.559
R:R 1:4
Nice uptrend
Near daily pivot
Recovering from a rebound (went up too fast, was pulled back, getting ready to go up again)
.886 Fib retracement
Enter aound 1.56
PT 1.57
SL around 1.559
R:R 1:4
Trade ativo
Comentário:
Messed up my Fib. Entry should have been at 1.60. Extending stop loss
Trade fechado manualmente:
Pivot turned into resistance
Comentário:
Looks like we ended up bouncing from the weekly pivot very cleanly. Also, I should get some sleep before entering/exiting trades