Reasons of Placing the Trade: Oversold RSI with divergence Volume Increase Multiple reversal attempts along the bearish move
Setup: Stop Loss: 50 pips of length @1.09200 Take Profit 1: 100 pips of length @1.10800 Take Profit 2: 170 pips of length @1.1150 Reward: 3.5:1 and 2:1
Comment
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reward reached so far : 2:1 First demand level touched.