November 14, 2024: 2nd order
One order per day, I will leave the order with TP or SL in the comment section
Entry long 90154 (R:R ratio 2:1)
-TP 92482 or if you see the engufing candle close strongly down, close the order
-SL when the m15 candle closes below 89010 (when the candle has closed)
Reason for entering the order: Currently, there are many wick-draining candles in the 89k5-90k area, but the buyers are still strong and very stable in this support zone. Along with the main trend being an uptrend, the price will turn up to retest the peak after testing the support zone below and gaining liquidity.
*Note: these are my personal opinions based on 5 years of knowledge in the investment market, for reference only.
**It is especially important to manage capital so that each order has an equal stop loss amount.
If you find this article interesting and helpful, please give me a like and share it to reach others. Wish you a good day.