Nice breakout and retest of the trendline, price attempted to break once the resistance.
Entry on 50% fibo retracement, sl on previous low.
The price rebounded for a second time on the 200 EMA daily and is about to break 200 EMA 4h
trade management: move stop loss by 1R after candle closes above a new R
Entry on 50% fibo retracement, sl on previous low.
The price rebounded for a second time on the 200 EMA daily and is about to break 200 EMA 4h
trade management: move stop loss by 1R after candle closes above a new R
Comment:
I dont really have a target, the TP is subjective, I just trail stop until it got hit
Trade active