1st trade set up heading to Target at line of resistance, I expect a retracement here.
Where I have another trade set up to catch this with a tight SL.
2nd trade: Entry at base of wick (resistance),
SL set above top of the wicks of previous high (chosen on 30min chart).
Target level is at a common level of support as shown.
Trade 2. RR 1:5.5
Where I have another trade set up to catch this with a tight SL.
2nd trade: Entry at base of wick (resistance),
SL set above top of the wicks of previous high (chosen on 30min chart).
Target level is at a common level of support as shown.
Trade 2. RR 1:5.5
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Related publications
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.