guys, a potential bat is on my radar. it is counter trend opportunity that's why I will aim for conventional targets this time.
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עסקה סגורה: היעד הושג:
Conventional target 1 (0.382AD) is hit. I closed my full position here according to my rules for counter trend trading. Note, how painful was this trade. The bid price almost hit the stop level. If you, guys, didn't place your stop one spread higher than the level then your buy stop orders must be executed by the ask price (which is 1 spread higher than the bid price and is not seen on the chart). I have learn this lesson long ago that's why my buy stop orders are always 1 spread higher than the stop loss level.