Trade 1: Wait for price to reach median trading range line/near top of support area and enter on bullish momentum
Risk/Reward to Target 2: 1/3
Trade 2: Wait for price to reach major trend line/near bottom of support area and enter on bullish momentum
Risk/Reward to Target 3: 1/7
Risk/Reward to Target 2: 1/3
Trade 2: Wait for price to reach major trend line/near bottom of support area and enter on bullish momentum
Risk/Reward to Target 3: 1/7
Commentaire:
Looks like the likelihood favored the trade 1 set-up, approaching first target.
Commentaire:
Target 1 hit. Partial profits taken.