EURCAD Long

已更新
Market Conditions: Uptrend w/ Correction (Continuation of larger trend)

Confirmations:
1) Market Structure:
Impulse + Correction
2) Fibonacci:
50% Reached (1,2 Elliot Wave)
3) Price Pulled Back and Respected 50% fib (Previous S + R/Price Reversal Zone)
4) Continuation Pattern
5) Long term Uptrend (trend is your friend)

Message me if you have any questions :)
註釋
Ended up being a loss because previous uptrend was broken.
Price created a double top, then respected the long term trendline as a new found resistance to continue dropping down.

Using proper risk management we should still be in the positive on pips gained versus loss. Risk to Reward Ratios are Extremely important!
Chart PatternsTrend AnalysisWave Analysis

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