Again a nice setup here:
- Blue Candle + CR UP (green candle which i personally don't like very much - because it's mostly a fomo toppish reversal) -> so some bids plcaed inside the Blue Candle range (100.677 - 100.856)
- Strong Inside Bar on Support followed by this strong Entry Bar
Given this Setup has a potential Successrate of 42,6% and R/R 2.98 = optimal equityrisk for me is around 2,5%
- Blue Candle + CR UP (green candle which i personally don't like very much - because it's mostly a fomo toppish reversal) -> so some bids plcaed inside the Blue Candle range (100.677 - 100.856)
- Strong Inside Bar on Support followed by this strong Entry Bar
Given this Setup has a potential Successrate of 42,6% and R/R 2.98 = optimal equityrisk for me is around 2,5%
Note
the entry bar and CR UP changed alittle to a better profitability a grey confirmed reversal is stronger even with this wickTrade closed: stop reached
harsh and brutal stop run :/Disclaimer
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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.