Long Fishing Setup
- Buy Limit
- Moving away from Daily support
- M15 showing higher lows
- Entry timeframe M15
- Late from the previous higer low, try catch if it comes down again.
Setup Entry:
- Entry: 1.37550
- Stop: 1.37379
- TP1: 1.38445
- TP2: 1.39253
- TP1 Reward: 5.23
- TP2 Reward: 9.96
- Buy Limit
- Moving away from Daily support
- M15 showing higher lows
- Entry timeframe M15
- Late from the previous higer low, try catch if it comes down again.
Setup Entry:
- Entry: 1.37550
- Stop: 1.37379
- TP1: 1.38445
- TP2: 1.39253
- TP1 Reward: 5.23
- TP2 Reward: 9.96
Note
Order placed:Risk example $1,000 account
Position 1: $10 risk, $52.3 reward
Position 2: $10 risk, $ 99.57 reard
Total Risk: $20, Total Reward: $151.87
It is too late it might not trigger today
Order cancelled
Cancelling this trade!That level is very important price should not come back. If it does it has more chance to push down more and break recent low so either way this is missed might or might not be a bad thing!
Note
really not a big friend of limit order.
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.
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.