FX:AUDCAD   Australischer Dollar/Kanadischer Dollar
This is not a trading Idea as the reasons for entry have already been and gone.

Text Book 2618 bullish trade

1. Double Bottom against major structure support/resistance
2. RSI Divergence
3. Higher High established
4. Retracement to the 61.8 Fibonacci level

How to trade
1. Stop loss below double bottom (according to your rules) must have 1:1 Risk to reward minimum
2. Target 1 Level with higher high
3. Target 2 next level of resistance - if too far then 1.27 fib extension
4. Take target 1 (if hit) and trail stops for target 2
5. Keep riding the wave for as long as you feel comfortable

Hope this helps anyone who is here trying to learn
Please leave a "Like" if you please
Good Luck
Kommentar: You can watch thw creation of this chart on the link below
Trade geschlossen: Ziel wurde erreicht: Target 1 hit
Trade geschlossen: Stop wurde erreicht: target 2 Stop loss hit
Typical - call something text book and it will bite you lol
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden