"Trade of the Week: Will the Downtrend Persist?"
Updated
This operation was from the last week 4.5% Win !
30 min: Down structure
4 hours. Still Down structure but it broke the last high point.
Plan: The green line in in four hours could cause a change in our graph that's why my take profit is 4.5% close to the green line. We could get into the trade again, but I don't see any clear entrance.
Stop loss plan: -1%, break even, take profit.
30 min: Down structure
4 hours. Still Down structure but it broke the last high point.
Plan: The green line in in four hours could cause a change in our graph that's why my take profit is 4.5% close to the green line. We could get into the trade again, but I don't see any clear entrance.
Stop loss plan: -1%, break even, take profit.
Trade active
Stop loss = Break evenTrade active
The graph looks like it wants to keep going up. we could take 1% or respect our stop loss at break even. im going to wait until 10 to see what happen there.Trade active
New York session looks like is in favor of USD. now wait until it crosses the BOS line. Trade closed: stop reached
Break EvenNote
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