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 = 1.6341
Stop = 1.6361
Risk = 20 pips
Profit target = 1.6211 ( The projected daily low )
Reward = +130
RRR = 6.5 - 1
2nd Entry = 1.6267
Stop = 1.6292
Risk = 25 pips
Profit target =1.6192
Reward = 75
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
2 Potential entries (it is one or the other, not both)
Entry = 1.6341
Stop = 1.6361
Risk = 20 pips
Profit target = 1.6211 ( The projected daily low )
Reward = +130
RRR = 6.5 - 1
2nd Entry = 1.6267
Stop = 1.6292
Risk = 25 pips
Profit target =1.6192
Reward = 75
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
Trade active
This trade as been triggered and is now Active :)Trade closed: target reached
Trade hit it's profit target :)
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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.