1.5% 1:2 RISK TO REWARD. 12.5 PIP STOP LOSS FOR 25 PIP TAKE PROFIT. I am looking for BREAK BELOW LATEST LOW AT 133.800 area. Simple BREAK AND RETEST trade. I personally have a SELL STOP AT 133.77. I am personally risking 1.5 %. Risk what is appropriate for you. Check out my YouTube at PAPICHULONOE.
Trade closed: stop reached:
STOP LOSS hit. Would have worked perfectly if I had put SELL STOP at the low at 133.518.
Trade closed: stop reached:
Overall idea was correct.