It's a quite good R/R on this Neckline resistancet in my opinion while the Risk is not that much but the Reward quite okay and possible.
The Volume Profile suggests the Resistance is good defended.
Not that great with words, so i make an update to form my thoughts on this properly.
The Volume Profile suggests the Resistance is good defended.
Not that great with words, so i make an update to form my thoughts on this properly.
Note
once position moves in favour of 25+pips moving SL to 5pips Profit if triggered looking for a reentry at the same price or higher. The Trade should be still good if that happens.Order cancelled
SL at favoured position triggered - looking for a new entryTrade active
Trade closed: stop reached
The stop got reached
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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.