Approach:
Entry: Break and close of trendline, as indicated
SL: Below Low after beak and close of trendline.
TP: adjusted with sl for a 1:3 R:R
Considerations for setup:
- Bullish Trend
- Support area
- Volume Profile POC
- Weak Fundamentals overall for ZAR
Good luck :-)
Entry: Break and close of trendline, as indicated
SL: Below Low after beak and close of trendline.
TP: adjusted with sl for a 1:3 R:R
Considerations for setup:
- Bullish Trend
- Support area
- Volume Profile POC
- Weak Fundamentals overall for ZAR
Good luck :-)
Comment:
Sl moved to Break even, also banked profit at 1:1
Trade closed: target reached: