Entry Long @ 3686
Stop placed at 3611 allows for approx 2.7% move down in price
Used 50% of my futures trading capital on the trade no leverage to reduce risk to 1.3% of futures trading capital
Target is just below local resistance at approx 4k
R/R is very favorable approx 3.2
Long support / short resistance as always
Stop placed at 3611 allows for approx 2.7% move down in price
Used 50% of my futures trading capital on the trade no leverage to reduce risk to 1.3% of futures trading capital
Target is just below local resistance at approx 4k
R/R is very favorable approx 3.2
Long support / short resistance as always
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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.