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 = 129.40
Stop = 129.60
Risk = 20 pips
Profit target = 128.16 ( The projected daily low )
Reward = 124 Pips
RRR = 6-1
2nd Entry = 128.50
Stop = 128.75
Risk = 25 pips
Profit target = 127.75
Reward = +75 Pips
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 = 129.40
Stop = 129.60
Risk = 20 pips
Profit target = 128.16 ( The projected daily low )
Reward = 124 Pips
RRR = 6-1
2nd Entry = 128.50
Stop = 128.75
Risk = 25 pips
Profit target = 127.75
Reward = +75 Pips
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 has been triggered and is now Active :)Trade active
This Trade is now +25 Pips. I am going to bank 1/2 my position and move my stop to flat :)Trade closed manually
The balance of this trade was closed flat :)
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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.