Looking for Potential Buys On the 70% Fib Level preferably Below it.
Moving average is against this trade On Higher Time Frames Not Enough Confluence Besides the Basic Trend line drawn.
Really Good RR on Pair can Achieve 1:2-1:5
Risk Per trade 0.5-1%
Moving average is against this trade On Higher Time Frames Not Enough Confluence Besides the Basic Trend line drawn.
Really Good RR on Pair can Achieve 1:2-1:5
Risk Per trade 0.5-1%
Trade closed: stop reached
Comment:
Destroyed my Slop Loss of 25 Pips
Comment:
Didn't wait for solid support to be made Rush Entry
Comment:
It might Create a Triple Bottom spike down and Then Go ALL the way back up