The weekend analysis played out to the script, looking at adding long trade and scaling out at Target 1 and 2 levels. Both levels have nice equal highs so dumb retail logic of support and resistance. Let's pair our longs with their short stops ;) we'll see how it plays out.
Trade active
Filled in, now off to Target 1Trade closed: target reached
Target 1 was reached, however the price fell and reached my break even. The importance of scaling out and paying yourself. This trade was a good example.
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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.