We are pretty high and the price action loogs bearish.
A little trend line is broken.
A trade to the downside has huge potential, so it may be worth the risk for you.
But dont risk more than 1% of your capital on the stopploss which must be set above the high (5-10pips above).
be careful with your trade and dont put it to breakeven unless you see good reasons for one more upmove above the high.
i expect a deeper pullback after the next trendline is broken which may take your breakeven out with a smile.
Happy trading!
A little trend line is broken.
A trade to the downside has huge potential, so it may be worth the risk for you.
But dont risk more than 1% of your capital on the stopploss which must be set above the high (5-10pips above).
be careful with your trade and dont put it to breakeven unless you see good reasons for one more upmove above the high.
i expect a deeper pullback after the next trendline is broken which may take your breakeven out with a smile.
Happy trading!
Trade active:
trade is active but i am not happy with the way it is moving.
anyway, criteria met and trade triggered. no need to worry because my risk was calculated.
anyway, criteria met and trade triggered. no need to worry because my risk was calculated.
Trade closed: stop reached