EURCHF - Long position with simplest strategy
Simplest strategy, but will take profit or hit stop loss?
Just try to focus on how the waves are moving when it's breaks the downtrend line, then define the SDZ, then waiting the price moves back to this area and start a long position.
Just try to focus on how the waves are moving when it's breaks the downtrend line, then define the SDZ, then waiting the price moves back to this area and start a long position.
Trade active
The price reached the entry limit and reacted so well. Now, after the price reached 3.5R, I moved SL to the entry to make protect my trade/account even the market does the shakeout or stops hunting.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.