Bearish 161.8% Extension
Updated
Trading Plan by TraderSeb
Trading Goals:
50% Win/Loss Ratio
3 RRR
Money Management:
5% risk per trading day
Risk Management:
1% risk per trade
Trading Methodology:
Fibonacci Retracements and Extensions
Entry Technique:
1. Visual interpretation of trading methodology
2. Price movement of 61.8% in direction of trend
3. Buy limit order 23.6% in direction of trend
Trade Management and Execution:
Entry: 23.6% ABC
StopLoss: C
Target: B
Trading Goals:
50% Win/Loss Ratio
3 RRR
Money Management:
5% risk per trading day
Risk Management:
1% risk per trade
Trading Methodology:
Fibonacci Retracements and Extensions
Entry Technique:
1. Visual interpretation of trading methodology
2. Price movement of 61.8% in direction of trend
3. Buy limit order 23.6% in direction of trend
Trade Management and Execution:
Entry: 23.6% ABC
StopLoss: C
Target: B
Note
[I]Awaiting confirmationNote
Sell limit pendingTrade active
Trade closed: stop reached
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