Hi everyone
Haven't post in a while. Been busy studying back posts.
I am in this trade. USDCAD 4 Hour BEOB off weekly PPZ and parity level, and 150 ema on the hourly chart.
Entry 0.9945 above minor PPZ and the IB on Hourly chart.
This one only gave up 21 pips before hitting minor PPZ and bounced back up forming a bullish PB.
Now at -15 pips am considering closing this trade. I guess i had my FTA a bit too low. But i figured a BEOB that big should at least reach my FTA. I guess I was wrong.
This is an area i still don't get the hang of - I miss a lot of trades because of near FTA, and when i take the trade thinking price can break further, it doesn't like this one
Haven't post in a while. Been busy studying back posts.
I am in this trade. USDCAD 4 Hour BEOB off weekly PPZ and parity level, and 150 ema on the hourly chart.
Entry 0.9945 above minor PPZ and the IB on Hourly chart.
This one only gave up 21 pips before hitting minor PPZ and bounced back up forming a bullish PB.
Now at -15 pips am considering closing this trade. I guess i had my FTA a bit too low. But i figured a BEOB that big should at least reach my FTA. I guess I was wrong.
This is an area i still don't get the hang of - I miss a lot of trades because of near FTA, and when i take the trade thinking price can break further, it doesn't like this one