Looking for a potential GU SELL, targeting TP AREAS. (30+ PIPS) Looking to bank 150 PIPS if market holds bearish momentum
Trade Safe
Entry Criteria - Strictly looking to execute entry on price action, reversal candle, exhaustion candle - If price breaks through sell area 1 with bullish momentum, look to take sell in sell area 2 (Price Action etc) - Apply risk management according to what suits your trading style
Targeting price area 1.220, If TP Areas 1 & 2 are broken with strong bearish momentum (150 PIPs)
Trade closed: target reached
⋅
TP AREA 1 SUCCESSFULLY HIT - 30 PIPS
Comment
⋅
Trade Management:
1. Adjust SL into BE to protect trade and ride 100% of position risk free to TP Area 2/ 3
or
2. Simply close partial (50% of position minimum), to secure some profit + adjust SL into BE to protect trade & ride remaining position risk free to TP Area 2/ 3