GBPCAD H4, Short Position
Orange line indicates a level of resistance. After putting the FIB onto the resistance high and the low of the first retracement. We can see that we are at our last potential level for a reaction which is also now resistance. Entering from this 100% level has worked very well for me in the past.
Red line indicates sniper SL which has been decided on a 15m timeframe.
-27.0% extension on the FIB will be out TP.
Red line indicates sniper SL which has been decided on a 15m timeframe.
-27.0% extension on the FIB will be out TP.
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