Trade Setup:
-As in the above picture its a congested area and price is failing to make new highs
-Number of patterns are detectable
-On the 15min chart there is a Double Top
-Trendline Break
-Meausured Move
Trade Management
-2 Trades entered @ 0.7275
-Stop Loss for both @ 0.7309
-Target Profit 1 @ 0.72211 Fib level 1.618 of measured move
-Target Proft 2 @ 0.72000 Fib Level 2.0 of measured move
-Move SL to Break Even after 1st TP hit
Lets see what happens...
A note about the previous two trades on this pair (both linked below)
I think my stop was a bit too tight on the previous trade
and the one before that my entry was not too great
Giao dịch đang hoạt động:
Trade still active
In loss at the moment
Stop Loss is in place... wait and see....
In loss at the moment
Stop Loss is in place... wait and see....
Giao dịch đang hoạt động:
Trade is still active - fluctuating between loss and profit
Price has made new lowers though since the trade was opened
Price has made new lowers though since the trade was opened
Giao dịch đang hoạt động:
Will be leaving trade opened over the weekend...
Analysing for any gap risk in a short while
Analysing for any gap risk in a short while
Giao dịch đang hoạt động:
1st Target Reached
Stop moved to BE
Stop moved to BE
Đóng lệnh: đạt mục tiêu:
Half trade closed at 1st target
other half hit B/E stop loss
other half hit B/E stop loss