Reasons for entry:
- Price has failed to break and remain below 1.1358
- 4hr bullish engulfing
- 1hr weak inverted H&S
- 1
Entry Timeframe:
- 4hr chart for main analysis
- 15min timeframe for execution
Stop Loss:
@1.1348 (-12pips)
Take Profit:
@1.1425 (+65pips)
Risk/Reward: 1:5.3
- Price has failed to break and remain below 1.1358
- 4hr bullish engulfing
- 1hr weak inverted H&S
- 1
Entry Timeframe:
- 4hr chart for main analysis
- 15min timeframe for execution
Stop Loss:
@1.1348 (-12pips)
Take Profit:
@1.1425 (+65pips)
Risk/Reward: 1:5.3
Comment:
Price has reached 1.1390, I have my SL to BE (break even) and taken partial profits for +30pips
Trade closed manually:
Price failed to break and stay above 1.1390, trade closed early