CAD
Hello Sive!
Maybe you can give an opinion on what technique should I apply for long entry on CAD.
There is daily Confluence support and Agreement. H4 shows Bearish pressure so it could be another leg down and breaking of the consolidation horizontal channel.
Is this "222" pattern on daily?
I never understood if Limit order is a good entry technique in this case or will it be better to wait for the reaction on the level, H1 trend bullish and only then enter on the retracement.
Thank you!
Hello Sive!
Maybe you can give an opinion on what technique should I apply for long entry on CAD.
There is daily Confluence support and Agreement. H4 shows Bearish pressure so it could be another leg down and breaking of the consolidation horizontal channel.
Is this "222" pattern on daily?
I never understood if Limit order is a good entry technique in this case or will it be better to wait for the reaction on the level, H1 trend bullish and only then enter on the retracement.
Thank you!