After extremely strong move to the upside, EC started consolidating and finally broke the trendline with a nice formation to the downside and possible SHORT trade with a 3.66 RR
Make sure to wait for the fat blue line to be broken with strong candle. If it barely breaks it or if you see a long wick, be careful with this trade.
Make sure to wait for the fat blue line to be broken with strong candle. If it barely breaks it or if you see a long wick, be careful with this trade.
Trade active:
Trade was confirmed and floating in profit right now. First target 1-1 RR, I will be taking 35% of my profits and I will let it run.
Comment:
Moving my stop loss to breakeven. I don't like this 4h close.
Comment:
Moving back nicely into profits. I will be taking 50% off the position if it hits 1:1 and I will let the rest of it melt to profits.
Cheers!
Cheers!
Comment:
Stops at break even. Taking another 25% of profits right here.
75% of my position is already closed in profits, I will let the rest of 25% run with stops at BE. Cheers
75% of my position is already closed in profits, I will let the rest of 25% run with stops at BE. Cheers