Market Structure: Downtrend Market
Area of Value: Support
Entry: Bullish candle on support
Exit if Right: 2 tranches, possible trend following
Exit if Wrong: Right below previous swing low
RRR: 1:3
Trying to catch quick rally, as there is a huge support that hasn't been broken before.
Area of Value: Support
Entry: Bullish candle on support
Exit if Right: 2 tranches, possible trend following
Exit if Wrong: Right below previous swing low
RRR: 1:3
Trying to catch quick rally, as there is a huge support that hasn't been broken before.