EUR/USD long on weekly chart
TP1 = 1.13433
ENTRY = 1.10391
SL = 1.08461
Two positions with the same stop loss and x1.618 target for the first position
The stop loss of the second position to breakeven when the first position hits the target1.
The second position has no target, only exit
Risk= 2% of account capital (1% each position)
TP1 = 1.13433
ENTRY = 1.10391
SL = 1.08461
Two positions with the same stop loss and x1.618 target for the first position
The stop loss of the second position to breakeven when the first position hits the target1.
The second position has no target, only exit
Risk= 2% of account capital (1% each position)
Trade closed: stop reached