Possible Swing scenario, trade is only valid after breakout as shown.
Fib retracement will provide additional confirmation after 68%
Make sure to keep in mind that this is a setup only, not a signal
Fib retracement will provide additional confirmation after 68%
Make sure to keep in mind that this is a setup only, not a signal
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Update#1: For scalpers you can close at 20+ pips profit.
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Update#2: Personally, I tend to catch 15 to 20 pips daily as a scalper.
For Swing traders you can at least move SL to Breakeven to make it risk free trade.
Trade status: Closed (For Scalpers and me).
20+ profit.
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For Swing traders you can at least move SL to Breakeven to make it risk free trade.
Trade status: Closed (For Scalpers and me).
20+ profit.
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Update#3: currently the trade is running at around 78 pips profit.
Swing traders can trail the SL following the structure to the left
Swing traders can trail the SL following the structure to the left