NZD USD LONG SCALP ICT 2022 MENTORSHIP IDEA
Updated
Price has taken out previous days low and broken 5 minute market structure with displacement. Have set a buy limit order at 0.60090.
Should price not retrace to that price then no trade will be taken. Take profit set at 50% retracement level on fib.
Should price not retrace to that price then no trade will be taken. Take profit set at 50% retracement level on fib.
Comment
Buy Limit order has been activated at 0.60008. I have however lowered my stop loss to 0.59783 as I felt stop was a bit tight.Comment
first comment correction. Buy limit was set at 0.60008 not 0.60090.Comment
As the stop loss was lowered to 0.59783 earlier, the trade is still active. As this pair is in consolidation I will take partial profits at 10 pips profit to lower risk (0.60108). Taking partials can make or break a trader.Comment
2/3 of trade was closed at 10 pip profit. 1/3 left on to see if it will reach for TP.Comment
Stop loss raised to 0.59950
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.