I've identified a trade I've planned to take. Sell 110.75 with a target 50 ticks lower at 110.25.
Stop above the high of 110.80. Failing to get the push up I've also a stop order below the low to get into the trade should price collapse swiftly without hitting my limits above.
Stop above the high of 110.80. Failing to get the push up I've also a stop order below the low to get into the trade should price collapse swiftly without hitting my limits above.
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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.