Price is below 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 = 1.6294
Stop =1.6314
Risk = 20 pips
Profit target = 1.6149 ( The projected daily low )
Reward = 145 Pips
RRR = 7.25-1
2nd Entry = 1.6245
Stop = 1.6270
Risk = 25 pips
Profit target = 1.6149 ( The projected daily low )
Reward = 96 Pips
RRR = 3.84 - 1
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.
2 Potential entries (it is one or the other, not both)
Entry = 1.6294
Stop =1.6314
Risk = 20 pips
Profit target = 1.6149 ( The projected daily low )
Reward = 145 Pips
RRR = 7.25-1
2nd Entry = 1.6245
Stop = 1.6270
Risk = 25 pips
Profit target = 1.6149 ( The projected daily low )
Reward = 96 Pips
RRR = 3.84 - 1
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 active
This trade has been triggered and is now active :)Trade closed: stop reached
Unfortunately this trade 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.