you can easily gain 133 pips from EUR/USD tomorrow !!!!!!
In the circle point at early hours that market opens we defiantly witness an breakout failure and an up pushback price.
Stop loss is 1.17072 ( 60 pips )
Long is 1.17731
TP1 is 1.18321 ( 63 pips )
TP2 is 1.19025 ( total of 133 pips )
So the risk/reward for this trade is 2.19 and the stop loss is 60 pips and tp1 is 63 pip that means risk/reward for tp1 is about 1 and in case reach to tp1 and couldn't reach tp2 we had a free trade at fair risk/reward and buy active management of trade in that case we can gain maximum of profit from the position. ( IN CASE OF NOT REACHING TO TP2 )
This is just what I think at early hours of opening market will happen and it's not an investing advice.
Stop loss is 1.17072 ( 60 pips )
Long is 1.17731
TP1 is 1.18321 ( 63 pips )
TP2 is 1.19025 ( total of 133 pips )
So the risk/reward for this trade is 2.19 and the stop loss is 60 pips and tp1 is 63 pip that means risk/reward for tp1 is about 1 and in case reach to tp1 and couldn't reach tp2 we had a free trade at fair risk/reward and buy active management of trade in that case we can gain maximum of profit from the position. ( IN CASE OF NOT REACHING TO TP2 )
This is just what I think at early hours of opening market will happen and it's not an investing advice.
Trade closed: target reached:
Tp1 target reached in first week and now we have a 63 pips profit and looking forward to Tp2 in second week and we have to change our SL to 1.8088