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 Great RRR.
2 Potential entries (it is one or the other, not both)
Entry = 144.04 (pullback)
Stop = 144.24
Risk = 20 pips
Profit target = 143.06 ( The projected daily low )
Reward = 98 Pips
RRR = 4.9 -1
2nd Entry = 143.58
Stop = 143.88
Risk = 30 pips
Profit target = 143.06 ( The projected daily low )
Reward = 52
RRR = 1.7 -1
2 Potential entries (it is one or the other, not both)
Entry = 144.04 (pullback)
Stop = 144.24
Risk = 20 pips
Profit target = 143.06 ( The projected daily low )
Reward = 98 Pips
RRR = 4.9 -1
2nd Entry = 143.58
Stop = 143.88
Risk = 30 pips
Profit target = 143.06 ( The projected daily low )
Reward = 52
RRR = 1.7 -1
Trade active
This trade has been triggered and is Active :)Trade closed: target reached
Bam!!! + 52 :)
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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.