waiting for perfect setup

OANDA:EURGBP   歐元 / 英鎊
37 3
DEPENDING on 4h close , i will be looking to short @ the 0.618 retracement hoping for a strong downside
評論: watched market 4h close and didnt enter untill 0.786 retracement and broke even. #CANDLESTICKCLOSE
I opened short from 0.84765 with SL 0.85128 (above the resistance on previous high).
If you don't mind me asking, where did you place your stop and what is your target TP?
@AEFX786, @AEFX786, good entry . if market holds structure then we can see a downside to the Daily Support @0.8337 for a restest and hopefully well get a Break to the WEEKLY SUPP. SL above previous HH and i like to give my SL a lil BUffer space sometimes so i placed mine @ the 2nd previous HH . i didnt get in with a big position on this pair so the small buffer space is part of my RISK MANAGEMENT strategy . 1%-2% CAP RISK.
@AEFX786, but its cool i appreciate your feedback . stay posted
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