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EURCAD - The Forecast was correct - the target was wrong - stoploss hit


Forecast:


Actual:

The reason that we never made it to our target is simply because there was another Fib area before our target - which we have missed. The Stoploss was hit for 1-2pips (visible on chart)



If we analyze the 1HR chart that we get the detail it was very visible that the short coming up with a Plutus Reversal Short afte hitting the Fib for the 3rd time. That's how the game is played we can't win everything.





 
 
 

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