MY SETUP FOR RENUSDT

I THINK THE PRICE IS IN A SUPORT ZONE ON 1H TF.
I TOOK A LONG POSITION WITH A 1:3 RR
I EXPECT A MUCH HIGHER MOVE BUT I LIKE THIS RATIO OF RR.

RISK AND MONEY MANAGEMENT ALWAYS ON FIRST PLACE.

Comment:

PRICE NEED TO BREAK THIS SMAL RESISTANCE.

Trade active:

I DECIDED TO MOVE MY SL TO BREAK EVEN AND PROTECT MY MONEY.
NOW JUST WAIT TO SEE HOW IS GOING TO END. ;)

Trade closed: stop reached:

I WILL TRY AGAIN. SAME SETUP SAME ENTRU , SAME SL AND TP.
I MOVED SL TO BREAK EVEN TOO EARLY

Trade active:

From now on i decided to move my sl only after price will break a resistance and confirm that breakout with a retest on a lower timeframe.

Comment:

MAKE FROM YOUR MISTAKES A LESSON, AND YOU WILL BE ONE STEP CLOSER TO YOUT SUCCES

Trade closed: target reached:

A trader work with probabilities. Money and risk management ALWAYS on first place.
Is all about how much you lose when you are wrong and how much you win when you are wright.