Looking long from here.
First TP at the arrow target, 2nd should be manually closed within the target box. Ideally at the upper end.
Adjusting SL when first TP hits is always a good idea. Break even or similar, to lock in a profit.
First TP at the arrow target, 2nd should be manually closed within the target box. Ideally at the upper end.
Adjusting SL when first TP hits is always a good idea. Break even or similar, to lock in a profit.
Comment:
Price testing previous resistance as support.
Comment:
I have closed half the position at todays high within the target box. A successful trade.
I have moved the stop for the rest of the position to the bottom of this box, with the new target being the 100% retrace (upper red line)
If the stop is hit and we move under the box, you may want to consider selling.
I have moved the stop for the rest of the position to the bottom of this box, with the new target being the 100% retrace (upper red line)
If the stop is hit and we move under the box, you may want to consider selling.
Comment:
We it the 2nd TP. Successful trade. GG EZ.
Comment:
I will keep you all posted on my new project within the coming days. Be prepared for big things :)
