Allow price to drop into the buy area and to proceed with caution! I will wait for more confirmation signals before I take this trade. I see healthy Risk-Reward Ratio (RRR) on this one even at first level of take profit (1 : 1.7). Only look at trade setups with good RRR to ensure long term profitability.
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Dagangan aktif
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Trade engaged. Do note that the price feed varies from broker to broker.
Entry Price: 113.094 Initial Stop Loss: 112.675 Take Profit1: 113.654 Take Profit2: 114.013
Dagangan ditutup: hentian tercapai
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Price bounced off from entry level however selling pressure was too huge and could not reach first profit level. Exited with small losses.