A flat is complete as a countertrend move. Expecting the downtrend to resume or we could make another corrective structure. Hence two TP levels. Risk reward shown on both tp levels.
Trading Advice = Never risk more than 2% of your account on a trade. Means your stop loss should never be more than 2% of you account value.
Trading Advice = Never risk more than 2% of your account on a trade. Means your stop loss should never be more than 2% of you account value.
Trade closed: stop reached
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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.