As described on the chart, the price came to a zone in which the bulls stept in and defended the expected direction, we took another position on M5 decision candle. The price came all the way down to test the structure almost failing the expectation, giving us brilliant RR ratio. Lets go bulls!
Trade active:
we are at a critical level the price should break this structure and close above so we can relax a bit, reduce our exposure
Trade active:
This candle clearlly shows the pressure of the bears, remember rule no.1 Capital preservation, stops to break even.
Trade active:
Bulls steping up here M5 candle closed above.
Trade active:
Trailing our stops. below 50% fib of the latest swing.
Trade active:
One to one move acieved, trail stop behind every decision candle
Trade closed: target reached:
Money in the bank.
Even with the first stop loss Net profit of 156 points
Even with the first stop loss Net profit of 156 points