// Just for my own personal amusement and learning for Entry reasoning, Profit taking and stopploss setting
ZAPTEC was in daily downtrend that seems like stopping in previous S/R level 43-45 NOK
It broke up and now retested the area Mar 5th candle
Stop loss at March 5th candle bottom ie. 42.25 NOK
PT on Mar 12th Hig ie. 51.4 NOK .. Because this might give us drawback, if not enough energy to go straight above.
Will cash-out 50% out at this level and keep rest until trend change..
Ths will give us RR around 3.3
// Note.. This trade should have been taken already on March 19th candle closure, but did not notice this then.
ZAPTEC was in daily downtrend that seems like stopping in previous S/R level 43-45 NOK
It broke up and now retested the area Mar 5th candle
Stop loss at March 5th candle bottom ie. 42.25 NOK
PT on Mar 12th Hig ie. 51.4 NOK .. Because this might give us drawback, if not enough energy to go straight above.
Will cash-out 50% out at this level and keep rest until trend change..
Ths will give us RR around 3.3
// Note.. This trade should have been taken already on March 19th candle closure, but did not notice this then.
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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.