the general movement of the price is increasing, but it is possible or not that the price will fall further before taking over the liquidity point on the 4h trading interval
The chart is pretty good, as is the idea in general. But the risks are quite high right now. I wonder what your risk-management strategy is for this trade?
KronFX
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@Solldy, hello, but there is no transaction here!.. here you can simply see areas of interest, which I confirm with a much smaller timeframe
KronFX
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@KronFX, I just took on the live from earlier a transaction with confirmation on gbp/usd
KronFX
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@Solldy, the risk I use per transaction is 0.5% (the most used) but sometimes I risk 1% as well as 0.25%
KronFX
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@Solldy, - this is a trade ( and is a loss ) - this is another trade ( and is a great win)