See an opportunity to join the recently initiated uptrend
EURUSD looks like it's starting an uptrend after a long downtrend. This trade is a little risky in an attempt to join the trend. Make your risk lower than usual due to the risk of a sideways trend instead. My first target is on the 3:1 mark and then I'll start a mechanical trailing stop, following the possible uptrend until it is finished.
Trade ativo
First target 3:1 was already reached. Now I started my mechanical trailing stop.
Nota
Moved stop loss to 1.59 mark.
Nota
Correction above: 1.059 mark. Now moved stop loss to 1.06040 mark.
Nota
Moved stop loss to 1.06310 mark. If I got stopped there this will be a 7.43:1 trade. Very good risk/reward ratio.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.