GBPCAD H4, Short Position

٢٦ يناير ٢٠٢١

Orange line indicates a level of resistance. After putting the FIB onto the resistance high and the low of the first retracement. We can see that we are at our last potential level for a reaction which is also now resistance. Entering from this 100% level has worked very well for me in the past.

Red line indicates sniper SL which has been decided on a 15m timeframe.

-27.0% extension on the FIB will be out TP.