3 tp area
Tp 1 for reaching 1:3 risk reward ratio,
You can book 70% of your profit to this area and move your stop loss on break even price.
You can also take your whole profit here and then re-enter on entry area and take your profit again once hit your 1:3 rrr
Tp 2 - tp 3 is for continuation of downtrend move. mostly, i take 90% of my profit on TP 1 and let it roll until it reaches my Tp 2 or tp 3, its a matter of waiting and patience. Most like it will hit your time stop first if you let your emotion rule
Tp 1 for reaching 1:3 risk reward ratio,
You can book 70% of your profit to this area and move your stop loss on break even price.
You can also take your whole profit here and then re-enter on entry area and take your profit again once hit your 1:3 rrr
Tp 2 - tp 3 is for continuation of downtrend move. mostly, i take 90% of my profit on TP 1 and let it roll until it reaches my Tp 2 or tp 3, its a matter of waiting and patience. Most like it will hit your time stop first if you let your emotion rule
