GBPUSD SS Short + 95 Pip Potential
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 = 1.2221
Stop = 1.2241
Risk = 20 pips
Profit target = 1.2126 ( The projected daily low )
Reward = +95 Pips
RRR = 4.75 - 1
2nd Entry = 1.2192
Stop = 1.2217
Risk = 25 pips
Profit target = 1.2117
Reward = +75 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 = 1.2221
Stop = 1.2241
Risk = 20 pips
Profit target = 1.2126 ( The projected daily low )
Reward = +95 Pips
RRR = 4.75 - 1
2nd Entry = 1.2192
Stop = 1.2217
Risk = 25 pips
Profit target = 1.2117
Reward = +75 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Allen
Trade active:
This Trade has been triggered and is now Active :)
Trade closed manually:
Some tough sledding today. GBP just not want to die. looking at the wicks on the candles, each tie the market pushes down, it bounces right back up. So I am going to close here for +3 pips.
Comment:
