So far our trade has gone just fine, I would say perfect, but Friday night and this morning he woke up in pullback, and it is right to lower the Stop Profit to avoid nasty surprises.
On the H4 timeframe we are right now on the MML and I hope it is resistant enough to block the bullish impulse, but let's see where to best place the Stop.
Plotting a Fibonacci on the last bearish vector I decided to set the SP at 61.8%, so as to give the price the possibility to go up to a possible 50%.
New Stop Profit Level: 115.25
On the H4 timeframe we are right now on the MML and I hope it is resistant enough to block the bullish impulse, but let's see where to best place the Stop.
Plotting a Fibonacci on the last bearish vector I decided to set the SP at 61.8%, so as to give the price the possibility to go up to a possible 50%.
New Stop Profit Level: 115.25
TheCyclicalTrading
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
TheCyclicalTrading
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。