Please note the following rules below for entry:
- Bullish momentum pushing price above the 120.275 level
- A retest of the 120.275 or some sort of a pull-back (potentially on a lower time frame)
- Enter on momentum AFTER pull-back/retest
- Stops below previous swing low (around 119.655)
- Profit whatever you can get (in a perfect world the higher around 120.900)
You will find that my style of trading often holds a greater risk than reward, however the potential of price action moving in the favor of my position where profit can be liquidated and banked before price action moves against me is very high when the rules are followed.
If you find yourself liking my style of trading please feel free to follow me as I will post potential trades like this rather frequently.