Commo-trade!
Updated
Another commodity trade but I like this one because we seem to be on the verge on a kijun bounce on the Monthly. Confluence comes in with the bullish HnS on weekly. To reduce risk again I put in a buy stop to only take me in IF I am right. This could potentially go up to 2000 but I will bow out 1175 zone.
Entry: 982.57 (buy stop)
SL : 940.00 (Just below the monthly kijun)
TP1 : 1080
TP2 : 1174
R : 4.5
Risk management the cornerstone!
Entry: 982.57 (buy stop)
SL : 940.00 (Just below the monthly kijun)
TP1 : 1080
TP2 : 1174
R : 4.5
Risk management the cornerstone!
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