1. Wait for retest of the entry price - if the price does not retest the entry price..."the trade is void or null"... 2. Stop loss - below previous low. 3. follow risk reward ratio....nothing less or more than 2% because of the trade being riskier...reward is greater..but only when the price moves to the profit zone.
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.
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.