Trade active:
Market gives a signal of a potential move to the downside after hitting the first resistance. Removing the risk at this point is a good idea in my opinion.
Market gives a signal of a potential move to the downside after hitting the first resistance. Removing the risk at this point is a good idea in my opinion.
Trade closed: stop reached:
First resistance worked well. Closed out at entry point.
First resistance worked well. Closed out at entry point.
If the market continues to move on the upside, I’m looking for this 2nd resistance to get hit.