So you want to take even more risk ? Just found something for you ! For those new on my trades this is a trade with a risk reward, using also a trailing/moving stop and I usually don't put ratios because I think this is something individual to each trade profile. But you need to use stop because it is a very risk trade so one can risk to loose for example 2% to gain 16% and have a ratio of 8. I will use the standard Fibonacci on 0.236 level as a target and to confirm timing and price with the time Fibonacci and Circle Fibonacci as we can see on Chart BTG ended a complete 1.618 Circle Fib and can rebound now !
Trade closed manually:
After hitting the MA50 it got a reversal, so got out by trailing stop with a little profit
Comment:
Getting the time right is very trick, a little bit more than the price. But this trade can still go to target on another time, I might wait a bit to buy the final run:
