PAIR:- AUDCAD
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF, Bullish reversal candles, Fib level, TrendLine on 30M TF (Green Dotted)
REASON:- Multiple bullish reversal candlesticks appeared on 78% Fib reacting as support with good wicks play.
On Fib Extended level - TP @ 127.2%
S/R Lines @ 1W/1D/4H/2H/1HR/45M to take entry in 30M tf
ENTRY:- CMP
TAKE PROFIT:- 0.89741 between 127.28 & S/R Line to avoid order blocks
STOP LOSS:- 0.89238 @ previous swing low
RR:- 1:1.9
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF, Bullish reversal candles, Fib level, TrendLine on 30M TF (Green Dotted)
REASON:- Multiple bullish reversal candlesticks appeared on 78% Fib reacting as support with good wicks play.
On Fib Extended level - TP @ 127.2%
S/R Lines @ 1W/1D/4H/2H/1HR/45M to take entry in 30M tf
ENTRY:- CMP
TAKE PROFIT:- 0.89741 between 127.28 & S/R Line to avoid order blocks
STOP LOSS:- 0.89238 @ previous swing low
RR:- 1:1.9