Bullish divergence on MACD-H and EFI
I am trying to buy in the value zone
Entry: 0.0001360
Target 1: 0.0001399
Target 2: 0.0001410
Stop Loss: 0.0001342
Target 1 R/R ratio: 1:2.1
Target 2 R/R ratio: 1:2.7
Targets are flexible, depending on how the trade develops.
I did not succeed on the entry just yet, I have to wait for a pullback and will time my entry on the 5m chart.
I expect it to pullback at least to -1 ATR, if not, I'm passing on this trade, then I'm too late for the party.
I am trying to buy in the value zone
Entry: 0.0001360
Target 1: 0.0001399
Target 2: 0.0001410
Stop Loss: 0.0001342
Target 1 R/R ratio: 1:2.1
Target 2 R/R ratio: 1:2.7
Targets are flexible, depending on how the trade develops.
I did not succeed on the entry just yet, I have to wait for a pullback and will time my entry on the 5m chart.
I expect it to pullback at least to -1 ATR, if not, I'm passing on this trade, then I'm too late for the party.
Comment:
Trade successful! Target 1 reached, and target 2 on the way. Only without me, the pullback was there but only got to 0.0001365, and my buy of 0.0001360 was not hit.
Comment: