This is example of shakeout strategy .
We enter at blue dot, initial stop is the red dot.
Target is blue crosses.
We enter at blue dot, initial stop is the red dot.
Target is blue crosses.
Trade active
Note
After Bar 2 we moved stop to breakeven .Trade closed: target reached
50 Percent position closed
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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.