EURUSD 1:4 Long Setup

Looking at hourly chart of EURUSD, it looks more like a pullback to me. To catch a better risk-to-reward, I have a more conservative buy limit order. You can not find 1:4 risk to reward ratio setup all the time. My winning probability is less than 35%. However, risking very low amount of my capital makes me feel comfortable.

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Disclaimer: This is not a financial or investment advice

Trade safe,
Atilla

Comment:

I have not entered this trade as my limit order not executed.

Order cancelled:

Price rallied before hitting my limit order