Price is below the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8672 (60 KS)
Stop = 1.8692
Risk = 20 pips
Profit target = 1.8544 ( The projected daily low )
Reward = 128
RRR = 6.4 -1
2nd Entry = 1.8617
Stop = 1.8637
Risk = 30 pips
Profit target = 1.8544 ( The projected daily low )
Reward = 73 Pips
RRR = 2.4 -1
2 Potential entries (it is one or the other, not both)
Entry = 1.8672 (60 KS)
Stop = 1.8692
Risk = 20 pips
Profit target = 1.8544 ( The projected daily low )
Reward = 128
RRR = 6.4 -1
2nd Entry = 1.8617
Stop = 1.8637
Risk = 30 pips
Profit target = 1.8544 ( The projected daily low )
Reward = 73 Pips
RRR = 2.4 -1
Trade active
This trade has been triggered and is now active :)Trade closed: stop reached
Unfortunately, this trade got stopped out on the NewsDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.