Trade i'll be monitoring very closely.
If this trade goes bad i won't be keeping it running to hit my Sl i'll be pulling the trade up fast for a small loss.
TP is the ideal level but may have to pull out earlier depending on market situation.
Fundamentals are against this trade hence i'll be watching very closely.
Reason for taking this trade;
Volume to the up side showing larger players are here. With an overall Up trend.
Volume on the pullback is very small as well as it's a slow push down.
Triple bottom showing memory to the price action traders which will hopefully give some sort of bounce.
If this trade goes bad i won't be keeping it running to hit my Sl i'll be pulling the trade up fast for a small loss.
TP is the ideal level but may have to pull out earlier depending on market situation.
Fundamentals are against this trade hence i'll be watching very closely.
Reason for taking this trade;
Volume to the up side showing larger players are here. With an overall Up trend.
Volume on the pullback is very small as well as it's a slow push down.
Triple bottom showing memory to the price action traders which will hopefully give some sort of bounce.
Trade closed manually:
Close trade market isn’t moving correctly.
Very small loss
Very small loss