Long trend, bounced from the trend line, retested the S/R zone, which matches with the fibo 78,6 level. Entered on M1 No trendline, so after +1R, move SL to BE, Partial around 1.132, 1.336
Note
the price turned before the fib 50 level, so no partial, but moved +2R, so SL is at BE, the price is near my entry, we'll see, we're risk free
Trade closed: stop reached
Stop reached at BE, then as you can see, the price reached our first 2 TP. I was agressive with the SL, because no TL as confirmation (that's why I love using more before an entry) (I've re-entered, but be very careful with that, do not overtrade!)
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.