today we have fundamental new in market
we have two scenario if see Candle stabilization
first in Descending channel 1
The latter in Descending channel 2
You have to consider stop loss
And activate both Positions
8% profit is reasonable
R/R=1
Stop Loss is your best friend.
we have two scenario if see Candle stabilization
first in Descending channel 1
The latter in Descending channel 2
You have to consider stop loss
And activate both Positions
8% profit is reasonable
R/R=1
Stop Loss is your best friend.
Trade closed: target reached
we take 8% profit on this signal (senario1)How was your performance?
Note
We are now waiting for Scenario 2Note
WE WANT ACTIVE SENARIO 1 AGAINESELL: 49400-49550
TP: 5%=47200
SL: 51000
R/R=1.5
Note
Scenario 1 was invalidatedwe use 2 time from scenario 1
if you still active scenario 1= close it in profit
We are waiting for scenario 2 to be activated
entry point is on trend line
Order cancelled
We had no entry point
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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.