Got out of my first long earlier today.
I did not get the full 46 pips long reaction but I got some on a relatively small position.
If you get the right area you can often get a nice reaction for a day trade.
I have a second level down for another reaction.
Again those spots can be a sliced through as if they don't exist OR they can be a one candle reversal point OR they can be a reaction point for a 30-50 pips reaction.
I did not get the full 46 pips long reaction but I got some on a relatively small position.
If you get the right area you can often get a nice reaction for a day trade.
I have a second level down for another reaction.
Again those spots can be a sliced through as if they don't exist OR they can be a one candle reversal point OR they can be a reaction point for a 30-50 pips reaction.
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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.
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.