Okay so we can see on the chart that the price is moving into a zone that we got some resistance in the past at.
What I want to do now here is see if we could get a chance to go short here if we do get a hit at that level.
Entry: (Around) 2471.854
SL: 2488.787
TP1: 2444.464
TP2: 2397.153
TP3: 2362.293
Once we get a hit of the TP1 we will be moving our SL to entry and let the trade run.
I will be looking to close it all at around the percentage. So each TP will be around 33% of the trade closed.
What I want to do now here is see if we could get a chance to go short here if we do get a hit at that level.
Entry: (Around) 2471.854
SL: 2488.787
TP1: 2444.464
TP2: 2397.153
TP3: 2362.293
Once we get a hit of the TP1 we will be moving our SL to entry and let the trade run.
I will be looking to close it all at around the percentage. So each TP will be around 33% of the trade closed.
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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.