the price of eur/usd show bearish momentum by the ema crossover, after it reached resistance level. I expect the new low because the bullish momentum on DXY. The price could pull back as well.
Therefore, I entry here with large stop loss. The risk reward ratio is 1.5
Also , i set limit sell order 1.09210 . The risk reward is 4
For example, If the port value is 1000$
I want to risk only 2% = $20
1) first order (breakout entry) = Risk $10 Reward $15
2) sell limit order = Risk $10 Reward $40
Therefore, I entry here with large stop loss. The risk reward ratio is 1.5
Also , i set limit sell order 1.09210 . The risk reward is 4
For example, If the port value is 1000$
I want to risk only 2% = $20
1) first order (breakout entry) = Risk $10 Reward $15
2) sell limit order = Risk $10 Reward $40