Potential trend-reversal move here, engulfing candle below the 50 EMA after a break of structure.
2:1 setup, B/E @ 1:1 RR (previous low)
2:1 setup, B/E @ 1:1 RR (previous low)
Trade closed: stop reached
Stopped out for -1%. Nice setup but you can't win them all unfortunatelyMy Resources Hub: theartoftrading.com
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My Resources Hub: theartoftrading.com
FREE YouTube Lessons: rebrand.ly/zyt
FREE Pine Script Basics Course: rebrand.ly/zpsbc
Pine Script MASTERY Course: rebrand.ly/zpsmc
My Indicators & Strategies: rebrand.ly/zmisc
FREE YouTube Lessons: rebrand.ly/zyt
FREE Pine Script Basics Course: rebrand.ly/zpsbc
Pine Script MASTERY Course: rebrand.ly/zpsmc
My Indicators & Strategies: rebrand.ly/zmisc
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.