Yesterday I sold the break of previous low with my trend following strategy, with target at previous structure low.
Trade offered a nice risk to reward ratio. Price just hit my target and could bank 91 pips of profits on that trade.
Plan you trades and trade your plan !
Trade offered a nice risk to reward ratio. Price just hit my target and could bank 91 pips of profits on that trade.
Plan you trades and trade your plan !
Comment:
I actually wrongly draw the risk to reward boxes. It should be a bit lower at the close of the candle that broke the support level. So risk to reward is a bit smaller than what's indicates on the chart, but still a good one :)