Entering hoping the reaction from the measured move will allow me to move my stop to breakeven. Also anticipating the stops behind the previous low will serve as a liquidity boost to move the price upwards.
The risk to reward is just illustrative.
Trade active
1 to 1 is a good place for moving the stop to breakeven or scaling out
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.