3 POTENTIAL BUY LEVELS AT RETRACEMENTS starting at $1255
I'm still favouring a weekly bullish candle so I am still long till fri session. reason being is we havent reach the tops of my channel
Here is my trading plan for the week. These are all good Risk-reward trades
1. Buy at various key retracement level
2. SL is $3
3. tp1 1275, tp2 1280 tp3 1290 (top of my channel) see chart
I AM BUYING AT $1255, $1250, $1245
$3 STOP LOSS at each retracement levels. even if i get SL hit i will re-enter at the next retracement level or new price. Risk reward is great and will cover any small losses i take that fails.
I will close all trades after Friday NY session.
Here is my trading plan for the week. These are all good Risk-reward trades
1. Buy at various key retracement level
2. SL is $3
3. tp1 1275, tp2 1280 tp3 1290 (top of my channel) see chart
I AM BUYING AT $1255, $1250, $1245
$3 STOP LOSS at each retracement levels. even if i get SL hit i will re-enter at the next retracement level or new price. Risk reward is great and will cover any small losses i take that fails.
I will close all trades after Friday NY session.
Note
I LONG at $1255 SL 52 target $1290
Note
trade plan still valid :)Note
worst case scenario is 61% retracement entry.Note
I re-entered long at 1242. SL: 1240. tp 1290
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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.