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there was a bearish reaction off the 3.615 level. Lots of selling came in once that level was hit.
Let's hope the market gives me a 2nd chance to get out at that level.
If this trade were based on R:R ratio, I would not be long as the T1 is < the risk to put on this trade after the downside adjustment I made.
When i first put on the trade, I had the stop @ 16 ticks, then reassessed and moved the stop below the SL which would be 27 ticks. Not a good R:R ratio
Can you help answer these questions from other members on NexusFi?