After yesterday power daily candle that squeezed a lot of shorts, price spent all day consolidating forming a triangle.
I´ll trade the long side for now.
I placed a buy stop order at 1277.22
TP1 at 1282.44
TP2 at 1288.48
This trade offers a 1.1 RR for TP1 and a 2.01 RR for TP2
If price breaks below the triangle i´ll cancel the order and wait for the pullback to short it
I´ll trade the long side for now.
I placed a buy stop order at 1277.22
TP1 at 1282.44
TP2 at 1288.48
This trade offers a 1.1 RR for TP1 and a 2.01 RR for TP2
If price breaks below the triangle i´ll cancel the order and wait for the pullback to short it
Trade active
Trade closed manually:
Price did not hit TP2 by a few pips. I´m closing this trade off
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about SPX500USD
Gang this one was fast !!!!