Interesting Reversal on GBPCAD
On the weekly chart we had a really nice looking Bullish engulfing candle exactly at the trendline. Using the Norse Overrun strategy, we a nice entry point at around FIB 38/50 at the 4h chart.
But if we walk down to 1h chart we can still spot a few nice entry points.Using Bolling Bands retracement at the lower band.
This is a trade taken already Entry one taken at 1.83480 and entry 2 taken at 1.83800.
But you can still find nice entries on a retrace to around Lower Bolling Band. where you can scale down to M10/M5 to find reversal
But if we walk down to 1h chart we can still spot a few nice entry points.Using Bolling Bands retracement at the lower band.
This is a trade taken already Entry one taken at 1.83480 and entry 2 taken at 1.83800.
But you can still find nice entries on a retrace to around Lower Bolling Band. where you can scale down to M10/M5 to find reversal
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