It's on strong support with a nice daily pinbar candle on top of it, buy when there's a clear break of the trend resistance as well.
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Waiting for this resistance level to break, then im in:
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I know it's a 1:1 RR on the chart, what i am actually doing is setting an emergency stop loss at around 120 pips away from my entry. I'll manually cut it when i think it's not going my way. This allows me to put on a larger position without the risk of getting stopped out by "stop hunts". In reality this trade is about 1:2 - 1:3 RRR
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Lets see if that long term trend support holds
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Broke S1 support, another reason why i dont enter too early
Order cancelled
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this is still in play for a long, lets see
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Break of trend resistance, enter a buy
Trade active
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Trade closed manually
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Got some good profit, have a good new years everyone!