5.70% retracement , prices on 200 MA

5.70% retracement without a strong pullback, the prices touched the 200 MA

split your position into 0.25% 0.35% 0.40% , there is an high risk that prices could go under 200 MA before bounce up again
wait for daily breakout and a green strong candle as buy signal

stop below 9.45

risk only 1% of your capital, money managment will save your life.
happy trading.

Trade ist aktiv:

entry 9.54
stop loss 9.50
tp1 9.62
tp2 9.67

Trade geschlossen: Stop wurde erreicht:

0.25% of position closed - stop reached .
wait for a bottom structure to enter long again.

Kommentar:

wait for consolidation in this area

Kommentar:

Trade ist aktiv:

second trade 0,35 of the position

trade active at 9.488
SL 9.45
1 TP 9.55
2 TP 9.65

trade with care.

Kommentar:

sorry , TP2 is at 9.60

watch out because , the prices are still on the trend could form another bottome before go up again.
tomorrow i will not trade , it is the inauguration of Trump

Trade geschlossen: Stop wurde erreicht