Price has been trading in a range, that is a fact. However, with LDN session open, there's a sign of increased volatility. And on a HTF, we can see quite a textbook Break & retest unfolding. Im entering my short position based on this premise.
SL is above .88 retracement which I normally use as a standard SL
I will be keeping an eye on this position and will definitely be actively managing my risk if it doesn't do what I expects it to.
SL is above .88 retracement which I normally use as a standard SL
I will be keeping an eye on this position and will definitely be actively managing my risk if it doesn't do what I expects it to.
Trade closed: target reached
Closed full position.
Hold nothing sacred in search of truth
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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.
Hold nothing sacred in search of truth
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.