a/ You may buy as described in the graph, or
b/ buy 50% as proposed in the graph (2nd shoulder) and 50% if prices go to double bottom @1.1707 (same stop loss and same tagets)
b/ buy 50% as proposed in the graph (2nd shoulder) and 50% if prices go to double bottom @1.1707 (same stop loss and same tagets)
Trade active:
Trade open @1.1737.
As anticipated in that trading plan, the market has formed a second shoulder.
Lowest of the second shoulder @1.1735... Nice entry!
As anticipated in that trading plan, the market has formed a second shoulder.
Lowest of the second shoulder @1.1735... Nice entry!
Comment:
TARGET #1 @1.1771 reached --> + 34 pips
Comment:
ADP this afternoon --> Choice to make on our active trade!
The idea:
We've reach Target #1 and we don't want to give our 34 pips back
Option#1: keep the trade active to potentially reach 1.0807 today
--> Move your stop loss to entry price @1.1737
Option #2: close the trade now @1.1777
The idea:
We've reach Target #1 and we don't want to give our 34 pips back
Option#1: keep the trade active to potentially reach 1.0807 today
--> Move your stop loss to entry price @1.1737
Option #2: close the trade now @1.1777