Trading a perhaps* Bearish flag.
*Perhaps, because, despite such Bearish momentum, anything aye still possible.
After TP1 clicks, If the market shows more of Bullish possibilities. Then RR should be... you know what, "hold my drink"
Ok,
For trade, setting two entries. Same SL, different TP.
If TP1 hit, and TP2 doesn't. Then RR becomes about 9:1, instead of about 10:1.
This =/= break even.
@Smilq
*Perhaps, because, despite such Bearish momentum, anything aye still possible.
After TP1 clicks, If the market shows more of Bullish possibilities. Then RR should be... you know what, "hold my drink"
Ok,
For trade, setting two entries. Same SL, different TP.
If TP1 hit, and TP2 doesn't. Then RR becomes about 9:1, instead of about 10:1.
This =/= break even.
@Smilq