Hello. This is my intraday setup for Supply and Demand. Still newbie and learning.
I shall share setup if there is any.Feel free to join me.
Hello. This is my intraday setup for Supply and Demand. Still newbie and learning.
I shall share setup if there is any.Feel free to join me.
5/9/2017
AUDCAD
Initial entry for today. Stop loss is going to be 10 pips over 0.99249. Entry will be around 0.99165 with Take profit at 0.98679. Risk and Benefit of 1:6.
It'll be a fantastic spot for entry as Fibonacci level already completed the M15 cycle.
6/9/2017
NZDCAD
Drop-Base-Drop can be viewed 2 days ago. It is a nice area to short with 10 pips /- risk. Target will be 70 pips from 0.89546 level. Risk and Reward ratio will be 1:7.
Fibonacci level already finished the cycle in 423 level.