Waiting for pullback trade (Short Trade)
- As I'm Support & Resistance trader, I'm expecting price to retest the resistance level.
- I'm assuming the resistance level is strong enough and expecting short trade with minimum stop loss behind the resistance level.
- Probability of this trade successful is 60% success / 40% fail. But with the 3:1 RR, at the end of year the trade overall trade will be positive in profit.
- I'm assuming the resistance level is strong enough and expecting short trade with minimum stop loss behind the resistance level.
- Probability of this trade successful is 60% success / 40% fail. But with the 3:1 RR, at the end of year the trade overall trade will be positive in profit.
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