this is for my personal journal in the future to review
Commento:
additional description of what is happening here
GBPCAD on HTF (Daily TF) have a strong bullish move (sept '22 - dec '22)
then continue with a bullish correction (dec '22 - mar '23)
after that price break to the upside again
From there we can see that the trend here is bullish
so we are going down to LTF now, on 1H TF we can see a bullish set up
price are decending (bullish correction) after a strong impulse phase (3 apr'23 - 4 apr '23) so when this chart posted, im assuming that
price just make a 3rd touch on the descending, then continue with a bullish correction again (15M TF)
then we found this set up to enter
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GBPCAD on HTF (Daily TF) have a strong bullish move (sept '22 - dec '22)
then continue with a bullish correction (dec '22 - mar '23)
after that price break to the upside again
From there we can see that the trend here is bullish
so we are going down to LTF now, on 1H TF we can see a bullish set up
price are decending (bullish correction) after a strong impulse phase (3 apr'23 - 4 apr '23) so when this chart posted, im assuming that
price just make a 3rd touch on the descending, then continue with a bullish correction again (15M TF)
then we found this set up to enter