lets see if we can secure this trade with at least 1:1 RR. SL of 50 points Candle close above 17840 will change every thing Until then its a good risk reward.
I am posting this for Live testing purpose.
Managing the trade: If the trade goes in our way *Exit half Quantity 1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY. *NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
***If you like my analysis let me know by giving boost or a comment.
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