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
Trade active
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This Trade has been triggered and is now Active :)
Trade closed manually
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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.