REASON FOR THE ENTRY: Cross of the 2 HULL Moving Average over an Andean Oscillator Buy Condition in 1-Hour Timeframe (2XHULL+AO1h), MACD 2 Hours is BULLISH, MACD in the daily is Bullish as well.
Detected also breakout of de driving resistance previously.
I plan to close the trade as soon as I recover (Breakeven) the losing position
TYPE: LONG
RISK: 0.01 Lots
PROJECTED R:R TARGET: 1.38
Evolution of the trade in the comments section, below...
Does not look good at all but I keep it opened
Finally, some good price action, waiting for a pull-back to draft a "safety Line" to drive the SL
Moving my SL driven by the safety line (green support line)
SL, 0.21R...
Bad trade, I have to wait longer to move the SL