Risking the winning from the last trade again for a Short:
Entry: 145.24
SL: 146 (Tight... Very tight)
Target Prices same as last time:
Target: Moving Target (143.89, 142.86. 141.74, 139.81)
This one is a comparatively risky trade, so not expecting much from this, but just taking the risk with profit money since this is a strong key level for both 1Hour and 15 min time frame.
Depending on the price action, I might move the SL a little higher.
Entry: 145.24
SL: 146 (Tight... Very tight)
Target Prices same as last time:
Target: Moving Target (143.89, 142.86. 141.74, 139.81)
This one is a comparatively risky trade, so not expecting much from this, but just taking the risk with profit money since this is a strong key level for both 1Hour and 15 min time frame.
Depending on the price action, I might move the SL a little higher.
Note
Looks like there's a strong buying pressure in this zone. I might flip long if we break and close above the Key Level for 1 Hour. Note
Trimmed some at 144.50 and moved SL to entry price.Note
TP1 (143.89) hit: SL should be at entry now. Note
TP2 (142.86) hit: SL should now be at TP1 (143.89)
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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.