Short Setup
- Sell Stop
Setup Entry:
- Entry: 1.12068
- Stop: 1.12279
- TP1: 1.11482
- TP2: 1.11039
- TP1 Reward: 2.78
- TP2 Reward: 4.88
- Sell Stop
Setup Entry:
- Entry: 1.12068
- Stop: 1.12279
- TP1: 1.11482
- TP2: 1.11039
- TP1 Reward: 2.78
- TP2 Reward: 4.88
Trade active:
I have a different way to find a high entry but more risky.
I was using 50% retrace to previous pin bar as Sell Limit order.
My entry is: 1.12273
I still think Stop order below previous bearish bar is less risky.
I was using 50% retrace to previous pin bar as Sell Limit order.
My entry is: 1.12273
I still think Stop order below previous bearish bar is less risky.
Comment:
The trade already triggered, and retrace higher, I have miss the first Sell stop order I will get into as market order if price still above the entry to get more reward if it worked out.
Comment:
If this setup fail, I will wait and watch on H4, it should have a more aggressive push up I will then look for take it down again.
Comment:
My goodness 1.5 pips away from Stop out!
Trade closed: stop reached:
Spike out!
My TP2 Reward is 10.4