Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.7274
Stop = 1.7294
Risk = 20 pips
Profit target = 1.7171 ( The projected daily low )
Reward = + 103
RRR = 5-1
2nd Entry = 1.7250
Stop = 1.7280
Risk = 30 pips
Profit target = 1.7171 ( The projected daily low )
Reward = + 79
RRR =2.6 - 1
2 Potential entries (it is one or the other, not both)
Entry = 1.7274
Stop = 1.7294
Risk = 20 pips
Profit target = 1.7171 ( The projected daily low )
Reward = + 103
RRR = 5-1
2nd Entry = 1.7250
Stop = 1.7280
Risk = 30 pips
Profit target = 1.7171 ( The projected daily low )
Reward = + 79
RRR =2.6 - 1
Trade active:
This trade has been triggered and is now active :)
Trade active:
This trade is up + 31 pips. I am going to lock in some profit. I am add to my position of there is a pullback.
Comment:
I "may" add to my position if there is a pullback
Trade closed: target reached:
Boom!! Profit target Hit :)