@Wositooo, your stop loss doesnt make sense given the current chart pattern imo. You could maximise your position for optiomal gain with a tighter stop
Wositooo
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@siggethoren, the situation that i posted makes all the sense. If the price goes to the stop loss, that would be the 3rd retest of the 6.60 level. That level should not hold again and the market structure would turn bearish. Until that dont happen, the chart is bullish.
Tight stop loss = more chances to fail and loss money/capital.
Better to trade safe if you want to live from trading.