Good evening traders! (Well, it's evening here in the UK),
The market opens soon, and I've been looking into this pair for a potential long opportunity.
Not the most confirmation- a fairly risky trade. But I'm still going to take the punt with low risk, entering with a tight SL and risking 1%.
The reason for entry has been explained in the chart using annotations- I hope this is clear for everyone!
We'll see how this works out.
Thanks for taking the time to read!
- SilencedTrader
*Disclaimer*
I am not a financial advisor. This post is strictly for educational purposes only. Trading involves substantial risk of loss and is not suitable for every investor. Protect your capital at all costs.
Enter anything I post at your own risk and discretion.
The market opens soon, and I've been looking into this pair for a potential long opportunity.
Not the most confirmation- a fairly risky trade. But I'm still going to take the punt with low risk, entering with a tight SL and risking 1%.
The reason for entry has been explained in the chart using annotations- I hope this is clear for everyone!
We'll see how this works out.
Thanks for taking the time to read!
- SilencedTrader
*Disclaimer*
I am not a financial advisor. This post is strictly for educational purposes only. Trading involves substantial risk of loss and is not suitable for every investor. Protect your capital at all costs.
Enter anything I post at your own risk and discretion.