It is clear, the upside is still on track. We are aiming to long at a pullback at 61.8 Fib level. The trade is very good in terms of risk-reward ratio. We are entering the market, considering:
1. risk-reward ratio = 1.9;
2. putting at risk no more than 2% of an account.
Remember, trading is not about gambling but strategic planning. So start writing notes about each trade. The goal is not to have one winning trade, but with the help of risk-reward ratio to achieve more winning rather than losing trades.
1. risk-reward ratio = 1.9;
2. putting at risk no more than 2% of an account.
Remember, trading is not about gambling but strategic planning. So start writing notes about each trade. The goal is not to have one winning trade, but with the help of risk-reward ratio to achieve more winning rather than losing trades.