selling on the downtrend
I try to catch the downtrend that is quite severe. Stop loss positioned in order to be protected from a price come back.
Take profit is equivalent to the height of the last top. Eventually the price could go back to its previous low of the year.
I'm keeping my take profit to manual. 3R is 3.82
Take profit is equivalent to the height of the last top. Eventually the price could go back to its previous low of the year.
I'm keeping my take profit to manual. 3R is 3.82
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.