Things to consider when trading with the trend:
1. Trend continuation/reverse (gonna choose reverse because of the previously formed higher high)
2. Enter trade after the formation of the next swing (buying, right after the price reversed down a little)
3. Support/resistance at round price level 0.88 (checked and taken into consideration)
4. Stop-loss (placed as soon as possible, after price away at least 20 pips from the entry level)
Did I miss anything?
By the way, this is manual trading. The EA on the chart is deactivated.
from RobotFX http://blog.robotfx.ro/post/165967231327
via RobotFX
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