I actually planned on this trade being a very small 1:2 RR trade as i was looking at it on the 1 minute timeframe when I saw a head and shoulders pattern form, so I quickly entered and after seeing how rapidly it fell I then decided to target a lower level of Support.
It's now running extremely nicely and looking to hit TP becoming a 1:7RR trade.
It's now running extremely nicely and looking to hit TP becoming a 1:7RR trade.
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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.