Premise:
1. Waiting for an OTE retrace
2. Possibility of a bullish divergence on the weekly timeframe
Execution:
1. 1:1:4 scale in between 1149-1187
2. Stop at 1100
3. Target 1410
Result:
1. A 2.62:1 RR trade is executed
1. Waiting for an OTE retrace
2. Possibility of a bullish divergence on the weekly timeframe
Execution:
1. 1:1:4 scale in between 1149-1187
2. Stop at 1100
3. Target 1410
Result:
1. A 2.62:1 RR trade is executed
Trade closed: target reached:
Target strike - no entry