Premise:
1. Waiting for an OTE retrace
2. Possibility of a bullish divergence on the weekly timeframe
Execution:
1. 1:1:4 scale in between 1149-1187
2. Stop at 1100
3. Target 1410
Result:
1. A 2.62:1 RR trade is executed
1. Waiting for an OTE retrace
2. Possibility of a bullish divergence on the weekly timeframe
Execution:
1. 1:1:4 scale in between 1149-1187
2. Stop at 1100
3. Target 1410
Result:
1. A 2.62:1 RR trade is executed
Trade closed: target reached
Target strike - no entry
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.