Oscillating up-trend market
50/20 EMA support
+4 S/R touches
Phase: Pullback
Decreasing momentum
MACD Divergence
More than 1:1 win ratio (TP @ last swing high )
50/20 EMA support
+4 S/R touches
Phase: Pullback
Decreasing momentum
MACD Divergence
More than 1:1 win ratio (TP @ last swing high )
Commentaire:
neutral movement strength and neutral momentum quality
Commentaire:
I gave my SL because of the last swing low inbetween the current pullback on the H4 chart more breathing room. My new SL is @ 1,69121
Commentaire:
Title should be "GBP/CAD long opportunity" ...
Ordre annulé:
I changed my opinion about the decreasing momentum because the last d1 candle got too much acceleration down. Hopefully the market slows down at this point now.