Trade (1)
Entry Type : Market Sell @ 1.87789
Stop Loss : 1.88500
Take Profit : 1.85000
R/R : 3.22
R/R % : .37% / 1.19%
Trade (2)
Entry Type : Limit Sell @ 1.88000
Stop Loss : 1.88500
Take Profit : 1.85000
R/R : 5
R/R % : .37% / 1.85%
Technical Analysis:
Price Action has broken out of the descending channel and has reached the 1.88 psychological resistance. I am expecting price to form a double top structure and reject 1.88 again. Running two separate entries with .37% risk each to carry .75% total for the pair.
Entry Type : Market Sell @ 1.87789
Stop Loss : 1.88500
Take Profit : 1.85000
R/R : 3.22
R/R % : .37% / 1.19%
Trade (2)
Entry Type : Limit Sell @ 1.88000
Stop Loss : 1.88500
Take Profit : 1.85000
R/R : 5
R/R % : .37% / 1.85%
Technical Analysis:
Price Action has broken out of the descending channel and has reached the 1.88 psychological resistance. I am expecting price to form a double top structure and reject 1.88 again. Running two separate entries with .37% risk each to carry .75% total for the pair.
Trade active:
Both trades active at set order prices in description.
Trade active:
Adjusted both SL into BE levels.
Trade closed: stop reached:
Trade (1) has hit stop loss at break even.
Trade closed: stop reached:
Trade (2) has hit stop loss at break even.