EUR/USD: Long entry to complete a possible shark.
In search of a good entry to go long to complete a possible shark described in a previous idea.
In that idea I described the smallest pattern as a bat but that should have been a shark.(www.tradingview.com/...bat-or-crab-forming/)
This may be a long shot but I'm willing to take it with small lot size and thus minimal exposure.
I have defined 2 possible entries at previous structure levels. The highest level has less favourable R/R, the lowest level has much better R/R. I will double the lot size on the lowest entry level in case my SL gets hit on the highest entry level. Total risk will be limited according to my money management rules.
In that idea I described the smallest pattern as a bat but that should have been a shark.(www.tradingview.com/...bat-or-crab-forming/)
This may be a long shot but I'm willing to take it with small lot size and thus minimal exposure.
I have defined 2 possible entries at previous structure levels. The highest level has less favourable R/R, the lowest level has much better R/R. I will double the lot size on the lowest entry level in case my SL gets hit on the highest entry level. Total risk will be limited according to my money management rules.
Trade closed: stop reached:
at BE
