Came very close to being stopped out but the trade went in my favour eventually.
My stops are now at BE, I’m going to scale off 50% of my position at $0.90
There could be a run on the stops below $0.80 then $0.75 but I’ll deal with that if/when it gets there.
I have a broad idea of where price wants to go but would like my information from the charts first.
There is a scenario where price goes much lower, potentially retest $0.60 and even $0.45 but that’s another story.
My stops are now at BE, I’m going to scale off 50% of my position at $0.90
There could be a run on the stops below $0.80 then $0.75 but I’ll deal with that if/when it gets there.
I have a broad idea of where price wants to go but would like my information from the charts first.
There is a scenario where price goes much lower, potentially retest $0.60 and even $0.45 but that’s another story.
