We have another opportunity,
My algorithm alert me about LONG transaction starting at level Buy 1
Entrance at Buy level1 (buy) - TP at Take Profit 1 - but if -
the market will continue down than entrance Buy level 2 (buy again) and move TP1 to TP2 level (which means, you will have 2 transactions opened and both TP1 and TP2 will be from now on the same level TP2)
- if the market will continue down than entrance Buy Level 3 (buy again) and move TP1, TP2 to TP3 level (which means, you will have 3 transactions opened and TP1, TP2 and TP3 will move to TP3 level)
- if the market will continue down than entrance Buy level 4 (buy again) and move TP1, TP2, TP3 to TP4 level (4 transactions opened and all of them will have TP at the same level TP4
- and now - if the market move down than entrance Buy 5 (buy again, 5 transactions opened), ALL TP must be moved to the Level TP5 which means TP5 = TP1, TP2, TP3, TP4 and TP5 will bring the PROFIT
4h TIME FRAME - REMEMBER - there is possibilities that you will have to open more transactions on this pair - MANAGE YOUR BUDGET WELL !!!!! - DO NOT INVEST EVERYTHING YOU HAVE !!!!!!
PLEASE DO NOT FORGET !!!!!!!!!!!!!!!!!!!
If the market will hit any next Buy level below Buy 1 and take the Profit than do not entrance any next levels.
Example: market hit Buy level 3 - it means you have 3 transactions opened for buy(Buy1, Buy2 and Buy3) - next, market went UP and hit the TP3 - you close automatically all 3 transactions with Profit and DO NOT ENTRANCE ANYMORE BUY LEVEL 4 AND BUY LEVEL 5. - from now on we are waiting for next signal
Good luck traders!!!!!!!!