Hi
Do you know?
investopedia.com/terms/t/three_white_soldiers.asp
If your initial plan is BUY.. whatever reasons: Fundamental/ outlook buy
We'll take this trade; reason
Two Yeses : Outlook BUY Pattern BUY
How will it react?
Answer: I don't know
High probability : Yes
Where do you enter? Your preference
wait retrace or now... just
If you wait.. might not get the ticket
If calculate between entry and stop loss: pips
And divide by what you re risking in $ to pips
All the best
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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.