EURUSD - retesting resistance turned support. Also in golden zone. Diamond Fib indicates TP1, TP2, TP3. 1:3 Risk to Reward Ratio to TP1.
Rules?:
1. Take partial profit at TP1? Taking partial profits impacts your Risk to Reward ratio. But it is nice to walk away with something.
2. Then move Stops to break even?
3. Trail Stops at each TP level.
Rules?:
1. Take partial profit at TP1? Taking partial profits impacts your Risk to Reward ratio. But it is nice to walk away with something.
2. Then move Stops to break even?
3. Trail Stops at each TP level.
Trade closed: stop reached
We were stopped out! Price is back in the channel.
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Portfolio Builders Club on You Tube
youtube.com/@PortfolioBuildersClub
youtube.com/@PortfolioBuildersClub
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.