Further weakness in m15 chart. Good Risk to Reward for this idea.
Trade closed: stop reached:
Stopped. Reached 1.6R before reversing. But took very small loss from initial idea due to risk management. Lets move on to next idea.
Stopped. Reached 1.6R before reversing. But took very small loss from initial idea due to risk management. Lets move on to next idea.
Comment:
Still believe in bearishness. H1 is still telling the bear story. Have 1 position from H1 with stops rolled to profit which will cover & pay more than loss of this idea. Lets see if it becomes runner or again the bearish momentum fizzles out.
Still believe in bearishness. H1 is still telling the bear story. Have 1 position from H1 with stops rolled to profit which will cover & pay more than loss of this idea. Lets see if it becomes runner or again the bearish momentum fizzles out.
Stops reduced. Should not go above, if does than no need to risk.