Price is above 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 = 130.200
Stop = 130.00
Risk = 20 pips
Profit target = 131.53 ( The projected daily high )
Reward = +133 Pips
RRR = 6.65 - 1
2nd Entry = 130.77
Stop = 130.52
Risk = 25 pips
Profit target = 131.53 ( The projected daily high )
Reward = + 76 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Allen
2 Potential entries (it is one or the other, not both)
Entry = 130.200
Stop = 130.00
Risk = 20 pips
Profit target = 131.53 ( The projected daily high )
Reward = +133 Pips
RRR = 6.65 - 1
2nd Entry = 130.77
Stop = 130.52
Risk = 25 pips
Profit target = 131.53 ( The projected daily high )
Reward = + 76 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Allen
Comment:
Comment:
That is the proper chart, I have been trying a split screen layout but obvi having problems
Order cancelled:
Just canceling the trade right now as the chart is wrong and GBP pairs are weakening