There is a supply level around the entry setup.
Trend is super bullish and this might be just a correction
Another touch to the level might be a great chance to a good profit!
never forget that trading is the game probabilities
ATTENTION:
According to the the long-term back-tests (from 15 to 20 years) on different instruments, the W% of this setup is only around 25% to 30%! So the only way you can make money continuously out of this setup is risk and money management! the proper risk management for this setup is risking around 0.5% of your total trading capital as SL amount.
Trend is super bullish and this might be just a correction
Another touch to the level might be a great chance to a good profit!
never forget that trading is the game probabilities
ATTENTION:
According to the the long-term back-tests (from 15 to 20 years) on different instruments, the W% of this setup is only around 25% to 30%! So the only way you can make money continuously out of this setup is risk and money management! the proper risk management for this setup is risking around 0.5% of your total trading capital as SL amount.
Trade closed: target reached:
+7.85/2 % !!! (-commission)