Check out the text in chart for explanation and parameters of trade. This is for 2:1 RR with a stop set at -16.
Note
Price is finding demand between the two horizontal blue lines. #editTrade closed: target reached
It got within 1 pip of the target so I closed out manually, RR 1:1.90
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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.