ENG - High reward for risk

After some nasty road bumps in February, looks like it has had capitulation and is ready for an uptrend swing. Tight stop below for reversals back below the break lines. Great risk to reward ratio here. Also looks great on other pairs.

Note

Ouch. Has broken back down below 2 of 3 key levels. Might give it a few more 4H candles to try to bounce back, but if it cant reclaim those levels, will need to stop out. Might be failed. This is a case of risk management. The reward is not as important if the risk is too high.

Trade closed: stop reached

sold

Note

Its still trying..

Note

here it goes again

Trade active

Time to get back into this one

Trade closed: stop reached

oops forgot to update. stopped out

Mavski

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.

Mavski