A trade that it's target 2 gives a 7R, which means every $1 I risked for this trade, my projected returns are $7. If you were in my position, how much will you be trading? You can check out at the link on my TradingView, that trade I've already got my stop loss 5pips above my entry price, in short, there will be no downside to that trade but when it hit the final target of that trade it gives 7x profit of my initial risk.
At this moment, the market did break and close above the previous resistance, retest it and treat it as a support. If there's a buying opportunity I may engage addition position to long this pair as a trend trading trade on the 1-hourly chart but a trend reversal trade based on the daily chart.
At this moment, the market did break and close above the previous resistance, retest it and treat it as a support. If there's a buying opportunity I may engage addition position to long this pair as a trend trading trade on the 1-hourly chart but a trend reversal trade based on the daily chart.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Related publications
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.