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GBPCAD Trend-following LONG 15m

Por ForextWaveTrading
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  • Strategy Explanation

    GBPCAD is in a very strong uptrend now in HTF, our trades must follow the trend in order to most effectively increase the probability to win.

    Buy Limit Order entry: 1.78141
    SL: 1.78043
    TP: 1.78506
    RRR: 3.76



  • Cautions

    If this trade fails, it does NOT mean the trend has reversed. Personally I will still look for LONG opportunities until some HTF downward Break of Structure confirmation has formed.


Nota
captura
you can move your Stop Loss to your Entry now, to make this trade risk-free.
Trade fechado: stop atingido
captura
Exit breakeven. I should have set TP at the orange line, should not be greedy.
Supply and DemandSupport and ResistanceTrend Analysis
ForextWaveTrading

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