Gain +380 pips. Good trade for me. So I open up this morning see a good CT-DP setup. The price is more than > 30 pips away. Base on backtesting, this probability normally has a high rate of reaching it back towards the daily, because 1. it is in a range in the 1 hr time frame. 2. I have backtested it with due diligence and found out this is a good setup.

Stoploss. I put it at 1.5319 at the last week resistance. In case it goes against me. My recovery strategy is to stack back down towards the daily pivot if a bounce is observe from R1. This must come with a candle confirmation ( reversal signal ).

Currently open short trade 2 position open at 1.5270 and 1.5268. Stack pending at 1.5265, 1.5262, 1.5259, 1.5256, 1.5253, 1.5250, 1.5247, 1.5244. TP at 1.5231 and stoploss at 1.5319.

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