Break of structure for upward movement
Price probably move upward. If price hit narrow stop loss area (bottom red area), the trade is not valid. Trade is active right now. Move SL to entry if TP1 reach.
Trade active
Trade closed: stop reached
should re-calculate range for stop loss. overall price will go up
Disclaimer
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.
Disclaimer
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.