Short position after consolidation of the previous downward impulse. First target will be just weekly support. Target two assumes that support will soon be broken.
The entry, stop loss and targets are already spread-adjusted.
Happy trading!
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Money management of my trades. There are two targets: the first one is at least double of the target two (the farthest). The proportion is 2/1. So, 2 lots for target one and one lot for target two.
Typically, when the target one is reached, the stop-loss of position for target two is put to breakeven.
If target one is hit before opening positions, the trade will be cancelled.
The entry, stop loss and targets are already spread-adjusted.
Happy trading!
___________________
Money management of my trades. There are two targets: the first one is at least double of the target two (the farthest). The proportion is 2/1. So, 2 lots for target one and one lot for target two.
Typically, when the target one is reached, the stop-loss of position for target two is put to breakeven.
If target one is hit before opening positions, the trade will be cancelled.
