hey, mates. have a great week. looking for a reversal priceaction pattern within the potential reversal zone on 5M timeframe.
Trade attivo:
Commento:
As price entered the PPZ, stops were moved from below X to below D. I personally prefer 2ATR(5M tf) below D. thus the risk was cut by half.
Trade chiuso: obiettivo raggiunto:
First target was hit. Sotps moved to breakeven. Looking for reversal patterns with the IPO to close the second half.