If DOT could close a confirmation candle above 7.43 plus a pullback we could see rise to the shown targets in the chart, if this didn't happen we should wait for the next support located at 5.18 and if it breaks that the next support would be 2.98
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades