Movement on Monday morning re-tested the upper trendline. Looking for a pullback to the bottom of the channel and possibly buy. Risky SL but looking to see if movements like these are worth trading.
Comment:
Weekly:
Wider view on daily showing signs of a nice push
4HR to show where SL is positioned
Comment:
If moving position here then it would result in 1.89 R:R. Although this is where I would like to have it this is a test to see if this method is worth it or not
Trade closed: stop reached:
This method doesn't work. Best to stick to normal plan. Good thing I didn't take this trade.