Looking to catch the pull back. It made a long run up and looks exhausted. RSI is overbought. Price is far away from 50MA.
Trade ist aktiv:
Moving stop-loss down a bit to 1/2 risk while leaving room for a little swing back up.
Trade wurde manuell geschlossen:
Closing with a small profit. Price didn't drop like I was expecting and still shows a little strength to the upside. I'll look for more consolidation or confirmation of weakness before entering again.
Kommentar:
I'm doing my best to protect my account when patterns don't fulfill the way I'm expecting, based on my analysis. Trying to take a little profit or break even when patterns are not A+, so it doesn't take my full stop every time.