We have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.8247
Stop =1.8227
Risk = 20 pips
Profit target = 1.8320
Reward = + 60 Pips
RRR = 3-1
* Understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
Entry = 1.8247
Stop =1.8227
Risk = 20 pips
Profit target = 1.8320
Reward = + 60 Pips
RRR = 3-1
* Understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
Order cancelled
Unfortunately, the price action is not what I need for this set-up ( I like to see a good angled pullback). Therefore I am cancelling this trade.
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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.