Found a perfect setup on Illuvium to try out a trade for a quick 4RR. a bar closing above 4hr 50ema is the trigger. I am adjusting invalidation to 4% for any possible wicks (I know this is too generous, but still). I'm targeting the top of the 4hr liquidity pool.
Trade closed: target reached
100% target hit for a handsome 4RR.
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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.