GBPCAD - Trend Continuation
Market structure: Range
Setup: Trend continuation
Trend continuation candlestick pattern: Bull flag
Entry: Range market, price currently moving away from support making a bull flag pattern, looking to enter when price break across bull flag swing high around 1.70490 area
Stop loss: 1 ATR stop loss at swing low of bull flag pattern
Take profit: will trail using 5 ATR stop Loss
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Setup: Trend continuation
Trend continuation candlestick pattern: Bull flag
Entry: Range market, price currently moving away from support making a bull flag pattern, looking to enter when price break across bull flag swing high around 1.70490 area
Stop loss: 1 ATR stop loss at swing low of bull flag pattern
Take profit: will trail using 5 ATR stop Loss
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
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