Price is above the Daily, 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 = 1.8609 (the 60 KS)
Stop = 1.8589
Risk = 20 pips
Profit target = 1.8704 ( The projected daily high )
Reward = 95 Pips
RRR = 4.75 -1
2nd Entry = 1.8672
Stop = 1.8642
Risk = 30 pips
Profit target = 1.8880 (recent swing high)
Reward = 208 PIps
RRR = 6.9-1
2 Potential entries (it is one or the other, not both)
Entry = 1.8609 (the 60 KS)
Stop = 1.8589
Risk = 20 pips
Profit target = 1.8704 ( The projected daily high )
Reward = 95 Pips
RRR = 4.75 -1
2nd Entry = 1.8672
Stop = 1.8642
Risk = 30 pips
Profit target = 1.8880 (recent swing high)
Reward = 208 PIps
RRR = 6.9-1
Trade active
Trade has been triggered and is Active :)Trade closed: stop reached
Trade was up + 44 but has fallen back to entry so i will close here for a small gain
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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.