it is based on 4HR chart Binance. Its 100% retracement of the previous uptrend, the latest candlestick suggests the rejection of further down trend. Price is expected to be bullish from here. 1R, 2R, 3R are level of profit expected to take.
Entry 14662
Stop loss: 14162
Entry 14662
Stop loss: 14162
Trade stängt: Stopp nått:
I waited for 2R profit but price turned back down..stop reached