Descritpion in chart ...
Note
The price has moved in our favor so in order to mitigate risk you can scale out a part of the position and start to make trailing stop in order to reduce our risk exposure ...Note
So far the price seems to be presenting some rejection from the LSH area ... at this point is up to your trading plan what to do when you are green and with a good trade location .... Therefore you should have taken somo size out of the table and at least the trade must be at break evenTrade closed manually
3:1 Reached ... Trade closed
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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.