Am on a leading diagonal idea, allthough more like a channel now... Anyway, if the channel holds we have a very nice opportunity and very good R/R trade here...
Target is larger degree 0.382 retracement..., SL below the recent low, I like to be below round numbers...
But you could take it just below the low to get an even better R/R trade...
Target is larger degree 0.382 retracement..., SL below the recent low, I like to be below round numbers...
But you could take it just below the low to get an even better R/R trade...
Comment:
SL to BE...
Comment:
Looks rather weak at the moment, SL at BE, no risk for me!
Trade closed: stop reached:
BE...
Low-risk traders move SL to BE, as long as it's below the channel trendline...