Here's a short-term trading plan for EJ. EJ has been consolidating in an ascending triangle, but I believe the overall longer term trend to be bearish. Attractive entry point at the resistance level.
Entry Point: 123.34
SL: 123.50
TP1: 123.00
Tp2: 122.70
Remember to always use strict money management! We're personally risking 0.5% for this trade with a 2.0 R/R. 1% return target!
Entry Point: 123.34
SL: 123.50
TP1: 123.00
Tp2: 122.70
Remember to always use strict money management! We're personally risking 0.5% for this trade with a 2.0 R/R. 1% return target!
Note
+20 pips. We are moving our SL to BE and secure 1/4 profits. Cheers!Trade closed: stop reached
Unfortunately SL hit and we only get +5 pips from this trade
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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.
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.