Confirmations: , candle, slowdown in momentum on 15 min chart.
SETUP 2: Price hits major support.
Confirmations: candle, slowdown in momentum on 15min chart.
Having 2 take profits helps me eliminate greed. TP 1 ensures Money I close in profits, TP 2 in is an extra position with a set TP for extra money. SL are also moved to break even once TP 1 has been hit so there is no room to lose money and the trade is risk free.
Any Feedback is encouraged.