1.We have currently ranging market.
2.Green areas are possible bullish targets after the breakout.
3. Red areas are possible bearish targets after the breakout.
4. I see overall market as bulish. But it it is possible that correction could be deeper than current range.
Risk managment.
Trade 10% of acc.
Stop loss. Leverage 5x = - 8% (longs)
Stop loss. Leverage 10x = - 4% (longs)
Stop loss. Leverage 5x = + 5% (shorts)
Stop loss. Leverage 10x= + 12%% (shorts)
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
2.Green areas are possible bullish targets after the breakout.
3. Red areas are possible bearish targets after the breakout.
4. I see overall market as bulish. But it it is possible that correction could be deeper than current range.
Risk managment.
Trade 10% of acc.
Stop loss. Leverage 5x = - 8% (longs)
Stop loss. Leverage 10x = - 4% (longs)
Stop loss. Leverage 5x = + 5% (shorts)
Stop loss. Leverage 10x= + 12%% (shorts)
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Comment:
First target reached. Watch precisely for retrace.