EURCAD Recovering from a rebound to resume the uptrend

Still testing my indicator/strategy

Nice uptrend
Near daily pivot
Recovering from a rebound (went up too fast, was pulled back, getting ready to go up again)
.886 Fib retracement

Enter aound 1.56
PT 1.57
SL around 1.559

R:R 1:4

تم فتح الصفقة

تعليق:

Messed up my Fib. Entry should have been at 1.60. Extending stop loss

تم إغلاق الصفقة يدويًا:

Pivot turned into resistance

تعليق:

Looks like we ended up bouncing from the weekly pivot very cleanly. Also, I should get some sleep before entering/exiting trades