AGold54

GBPCAD SS Short + 103 Pip Potential

Short
AGold54 Updated   
OANDA:GBPCAD   British Pound / Canadian Dollar
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
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 :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.