POSITION:- Long
REASON:- Consecutive Higher Highs
ENTRY:- Current Market Price
TAKE PROFIT:- 1345.59
STOP LOSS:- 1170
RISK TO REWARD RATION: 1:1
REASON:- Consecutive Higher Highs
ENTRY:- Current Market Price
TAKE PROFIT:- 1345.59
STOP LOSS:- 1170
RISK TO REWARD RATION: 1:1
Order avbruten:
A. Bullish candles were getting smaller and smaller means bears started to be in charge.
B. HHs were spread out initially to each other but started to be nearer and nearer means loss of momentum from bulls and bears coming in control.
Learning Outcome:-
1. Before taking a position, make sure chart is read on a micro to macro level.
2. Always monitor momentums prior taking an entry
B. HHs were spread out initially to each other but started to be nearer and nearer means loss of momentum from bulls and bears coming in control.
Learning Outcome:-
1. Before taking a position, make sure chart is read on a micro to macro level.
2. Always monitor momentums prior taking an entry