Buy at pullback
It is clear, the upside is still on track. We are aiming to long at a pullback at 61.8 Fib level. The trade is very good in terms of risk-reward ratio. We are entering the market, considering:
1. risk-reward ratio = 1.9;
2. putting at risk no more than 2% of an account.
Remember, trading is not about gambling but strategic planning. So start writing notes about each trade. The goal is not to have one winning trade, but with the help of risk-reward ratio to achieve more winning rather than losing trades.
1. risk-reward ratio = 1.9;
2. putting at risk no more than 2% of an account.
Remember, trading is not about gambling but strategic planning. So start writing notes about each trade. The goal is not to have one winning trade, but with the help of risk-reward ratio to achieve more winning rather than losing trades.
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.