should be self explanatory.
On lower timeframe (15min) there is a nice descending wedge which just broke out.
Most likely people are waiting for hour to close.
Very nice RR or else I would not take this trade.
Move SL up when tp1 hits or once price is a decent amount away from entry (30+ pips or so)
On lower timeframe (15min) there is a nice descending wedge which just broke out.
Most likely people are waiting for hour to close.
Very nice RR or else I would not take this trade.
Move SL up when tp1 hits or once price is a decent amount away from entry (30+ pips or so)
Comment:
Stops moved to B/E
Trade active:
Nice...move stops to tp1 you should only have 50% of position open at this point. Let it ride till our long term sentiment changes