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.
BO Entry = 1.8960
Stop = 1.8935
Risk = 25 pips
Profit target = 1.9123 ( The projected daily high )
Reward = 163 Pips
RRR = 6.52 - 1
** Because the UK CPI scheduled to be released at 8:30 am GMT, if this trade is not triggered by 7:30 am GMT, it is cancelled
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
BO Entry = 1.8960
Stop = 1.8935
Risk = 25 pips
Profit target = 1.9123 ( The projected daily high )
Reward = 163 Pips
RRR = 6.52 - 1
** Because the UK CPI scheduled to be released at 8:30 am GMT, if this trade is not triggered by 7:30 am GMT, it is cancelled
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
Trade closed: stop reached
Unfortunately, this one did not work out.
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.
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.