This one might give us very nice risk/reward ratios.
Projected D is only 16 pips bellow X, so we can end up with a 20-25 pips SL for great RRs... even the first target @ 1.08545 (.236 AD) offers 1.58 RR.
I will keep an eye on PA... my numbers now are:
Entry: 1.08840
SL : 1.09053
Targets for you to decide:
TP1 : 1.08545 (.236 AD)
TP2 : 1.08359 (.382 AD)
TP3 : 1.08209 (.500 AD)
TP4 : 1.08059 (.618 AD)
Projected D is only 16 pips bellow X, so we can end up with a 20-25 pips SL for great RRs... even the first target @ 1.08545 (.236 AD) offers 1.58 RR.
I will keep an eye on PA... my numbers now are:
Entry: 1.08840
SL : 1.09053
Targets for you to decide:
TP1 : 1.08545 (.236 AD)
TP2 : 1.08359 (.382 AD)
TP3 : 1.08209 (.500 AD)
TP4 : 1.08059 (.618 AD)
Trade active:
TP1 and TP2 reached in a matter of hours... and movement to TP3 looks steady... hope some of you are making pips out of this one!
Trade closed: stop reached:
After taking TP3, PA went just pips away of TP4... reversed a took my trailing stop at TP3.
Very nice ride!
Very nice ride!