I am Bearish on GERMANY40 after #RSI divergence
few touches at the Bearish OB and it couldn't make H.H. today closed lower than previous high.
i am expecting #breakout thru the #uptrend #trendline and fall.
my entry price is 14506
The stop loss i placed at 14630 *a little above of the OB and take profit at 14025
R:R ratio: 3.89
few touches at the Bearish OB and it couldn't make H.H. today closed lower than previous high.
i am expecting #breakout thru the #uptrend #trendline and fall.
my entry price is 14506
The stop loss i placed at 14630 *a little above of the OB and take profit at 14025
R:R ratio: 3.89
Comment:
many of you will wonder why i don't wait for breakout and confirmation. the reason is that i will lose most probably few candles if it breaks and continues down and when we add the spread. if i enter after breakout. R:R will be most probably 3. in this way is close to 4.:) at least thats how i see it xD
Trade closed: stop reached:
Unfortunately stop reached.