I've tried to play a buy stop order in the given market. Drew the 3 support and resistance levels just as before. Stop loss is placed slightly below R1 and entry price is placed slightly above R2. Risk percentage is 1% on each trade and profit calculation is based on the same method I started with.
Let's see how this one goes.
Let's see how this one goes.
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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.