This idea is based on the early signs of trend reversal such as bullish RSI divergency, 4h doji candle, and we can see the 1D 200EMA usually works as a nice bouncing point. I have indicated the s/l levels of my trades and t/p marked as 1 and 2 where I would be closing some of my position (t/p1) and keeping the remaining with moving the s/l to the opeming position minimising the risk of making a loss
This is just an idea not a trading advise, protect your capital, have a s/l that won't ruin your night sleep :)
This is just an idea not a trading advise, protect your capital, have a s/l that won't ruin your night sleep :)
Comment:
my s/l was triggered but I have re-opened the position still bullish on this one!
Trade closed: stop reached