Observing inverse head and shoulders on 1h chart. Entered trade at 0.3512. Ideal profit zone above 0.379. Stop loss set at 0.3431. Used Ichimoku for inspiration for idea and stop loss setting. Maybe there will be some pull backs along the way at 0.362 and/or 0.371. Will watch at those levels to see where things may go and adjust stop loss accordingly.
Virgin trader, no idea what I'm doing so don't take my advise. Perhaps 10 years from now I will have good advice.
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Oh first post also. New beginnings.
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Have taken profit at 0.3675 and hope to buy back in on retracement .
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