ARR 50% Retracement Opportunity

Hello beautiful humans,

A 50% retracement presented itself for ARR at the 11.47 level (entry).

Managing risk by risking 1% of the account size (eg. account size: $1000; risk of 1%: $10)

Placing stop loss / stop limit loss at 10.64 (exit); just below the 61.8% retracement.

Looking for the price to bounce off the 50% retracement level (entry), and head on up to the 14.00 level (exit), which provides a risk:reward of approx. 1:3

Thanks for listening.

Take care.

Friendly Remembering:

Manage your risk
Have a strategy; minimizes decision paralysis
Practice patience
Be patient

Enjoy the experience.

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