As usual, I will identify the existing trend first before entering the market. To enter a sell position, first, I will look for a downtrend structure that is H-L-LH-LL. Once I have identified, I will make an entry with a minimum risk reward ratio of 1:1. In the market, we don't know what will happen, we can only perform analysis, and prepare with SL as the protector of our account.
Note
SL not trigger yetTrade closed: stop reached
hit SL and then, fall back down
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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.