1. Big bearish candle and breaking support, after a long consolidating range in the 1 hour and 30 minute chart.
2. Good RR of about 2.
* A very aggressive trade so try to make it a quick one, rob to use trade management if price action shows bear pressure is weak.
2. Good RR of about 2.
* A very aggressive trade so try to make it a quick one, rob to use trade management if price action shows bear pressure is weak.
Comment:
Reaching a RR of 1:1. As this is an aggressive higher risk trade, going to take half profit here.
Comment:
Price action retested structure can look to add back the previous half position taken out
Trade closed: stop reached:
breakeven trade