Trade #7 of 25 - Short

EP 43055 at weekly level.
SL at 43525.
5 targets 20% each
TP1 42000
TP2 40981
TP3 41420
TP4 40990
TP5 39666
All trades risk = 1% of account

Yorum:

VAH is from old range from 6th to 20th Jan.
The orange line is drawn from lows in Oct 2020 and 20th July.
The final target is the average weighted price for the previous week.

Yorum:

Closed short on stop at 43525
Opened long at 43500 trade #8
Change in market structure with new higher high