I have decided to bring my entry down from 206598 to 206078 as it will give me a better placed stop.
By doing this i have increased my R from 2:1 to 2.2:1
Our limit order underneath the range did not get hit - but I will leave it in my place until my buy stop is triggered. Then take the buy limit off.
Other than that everything the same trading towards 208461 where my plan is to take some profit.
By doing this i have increased my R from 2:1 to 2.2:1
Our limit order underneath the range did not get hit - but I will leave it in my place until my buy stop is triggered. Then take the buy limit off.
Other than that everything the same trading towards 208461 where my plan is to take some profit.
Trade active
This trade is now working and I would bring my stop up under the low. Because if it goes against us now the trade hasnt worked anyway. Next we are looking for a break above 206064 to add to the trade. 
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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.