1.We have currently ranging market.
2.Green areas are possible bullish targets after the breakout.
3. Red areas are possible bearish targets after the breakout.
4. I see overall market as bulish. But it it is possible that correction could be deeper than current range.
Risk managment.
Trade 10% of acc.
Stop loss. Leverage 5x = - 8% (longs)
Stop loss. Leverage 10x = - 4% (longs)
Stop loss. Leverage 5x = + 5% (shorts)
Stop loss. Leverage 10x= + 12%% (shorts)
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!