Looking to capitalize on this opportunity,
It seems that price has been slowly mitigating the move up, i expect for longs to continue here.
Unfortunately for myself i am about to go to sleep and cannot watch this trade for a confirmation entry. In this instance i will place a risk entry and shall see how the trade went in the morning. I am using MT4 to place an expiration of 2 hours (since i will be asleep)
It seems that price has been slowly mitigating the move up, i expect for longs to continue here.
Unfortunately for myself i am about to go to sleep and cannot watch this trade for a confirmation entry. In this instance i will place a risk entry and shall see how the trade went in the morning. I am using MT4 to place an expiration of 2 hours (since i will be asleep)
Note
2min chart ---- The entire orange box is the buy area, however for my risk entry trade i have selected to trade the upper green box. Since i am not able to watch this trade for a confirmation entry, i am taking a 0.25% risk on this vs my usual 1.00% risk. Order cancelled
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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.