Continuation Level For Buy Position

2023년 10월 12일

On the 4-hour time frame, GBP/CAD has displayed a bullish momentum, indicating a potential upward movement towards the supply zone above, possibly even reaching the top-level resistance. Should the price intersect with the most recent fresh demand zone below (indicated in blue), it could present an opportunity to initiate a buy position, provided the bullish trend persists. Setting the stop loss marginally below the demand zone is advisable. The initial or ultimate target for this position is the supply zone above, while for those with a longer-term outlook, the top-level resistance serves as the final target.

2023년 10월 17일

노트

Roll stop loss to break even 1.6570

2023년 10월 19일

노트

Close the position, the price moves up but in compression way,