GCAD Long Idea

٧ ديسمبر ٢٠٢٠

Took a long on GCAD off of a 4H support zone after price showed signs of a slowing momentum at the 4H zone.

Confluences that influenced my long:

1) 4H support zone respected
2) OS on LTF charts
3) 1H bullish engulfing candle

Projected RR 1:2

Currently closed half the position at 1R with targets at previous level of structure/trendline support

٧ ديسمبر ٢٠٢٠

أغلقت الصفقة: تم الوصول لوقف الخسارة

Target on GCAD has been reached.

Unfortunately, price stopped us at breakeven before making it's way to target.

We secured half the position at 1R before being stopped out at break even.

٧ ديسمبر ٢٠٢٠

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