Early Entry Trigger Point - 0.007-0.01 Ideal Entry Trigger Point - 0.003 -0.006
Adjust your Stop Loss according to your lot size, account equity, strategy & money management.
***If you want to get in this trade from this point 0.0156 you can still make 62.5% profit till TP2 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
*Note - Price may touch $0.02-$0.022 mark before it goes down towards my entry point. I'm in this trade from $0.011 and may close at 0.021 if I see it going down again and re-open my 1st position at 0.01 and continue to add more if it goes down furthermore.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart. If you follow this idea please plan your trade according to your lot size and account equity.
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