Price just enter my buy limit area which i have mark as strong support. Since lot of trader are aiming at this price, the possibility of fakeout happen is very high. TP2 will be max, but i prefer to look at TP 1 price action before decide the new position. This is swing setup where money management is very important.
Trade active
Trade active, with buy limit po around buy limit areaNote
price leaving the buy limit area. could take weeks to reach tp1Note
still hold my buyNote
just reach half of the target, this is troubled area where price could make sharp turn or continue uptrendNote
Reaching troubled areas, possibly will continue after NFP. This is the second week i am holding all my buy position.Note
new chart updateNote
holding my buy position for the 3rd week. around 50 pips to go for the first tpTrade closed: target reached
TP 1 REACHED after 3 weeks. TP2 distance is about 40PIPs more. Enough for TP1.
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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.