CONFIRMATIONS: - Price crossing trendline and showing a long signal. - Volume weighted histogram crossing signal line, showing bullish momentum. - Trading out of an HVN on VPVR. Valid target in the form of the POC (point of control) in line with previous short signal (point of reversal). - Recent bullish fractal confirming the sentiment we hold.
All trades start at a 1:1 RR. SL is then trailed at trendline once price action crosses initial TP. At TP cross you CAN partially close the order or simply open up the TP and move trade immediately to breakeven and then start trailing stop one trendline enters profitable territory. This is in an effort to mitigate any loss whilst also maximising profit potential.