Entry is 4013.39
Exit at 4065.64
Reward:Risk is 2.6R
Reward = 5225 USD
Risk = 2009 USD
Strategy is to enter at closing price of a pin bar (rejection candlestick) when the pin bar wick intersects the EMA 10 and EMA 20 in an uptrend.
Price closed above EMA 10, EMA 20, Trend Line, and Horizontal Support & Resistance Level. Enter at close price of rejection candlestick. Close price of rejection candlestick is 0.73150. Set Stop Loss below EMA 20 Close Price and Low Price. Set Target at next support resistance level.
Support and Resistance Levels are:
EMA 10
EMA 20
Horizontal Line
Diagonal...