Price is in downtrend for the last 3 days, it bounced off a support area at 1.12035 and rose until it reached a previous consolidation area.
Short
Entry :
- Sell stop below previous small Swing Low IF past the trend line at 1.12220.
Exits :
- S/L in consolidation area above previous Swing High at 1.12360
- T/P not at next zone but the one after at 1.11700
R/R ratio : 3.71
Short
Entry :
- Sell stop below previous small Swing Low IF past the trend line at 1.12220.
Exits :
- S/L in consolidation area above previous Swing High at 1.12360
- T/P not at next zone but the one after at 1.11700
R/R ratio : 3.71
Order cancelled
Price hit my stop loss before my sell stop
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Related publications
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.