Eu was selling, I don't like guessing, so I sold in accordance with the momentum.
My entry was based on price stop hunting a level on the lower timeframe. Momentum is the key to make my strategy work. If there is no momentum in the market. My strategy will fail almost every time.
This trade went up to 1:4 Risk reward but is currently floating at 1:2.66 RRR. My stop loss is at break even at this point as well so I am just chilling waiting to see what happens next.
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.
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.