Probability: ~41%
Aggressive entry info:
Entry: 358.551 // OANDA Feed
Stop loss 358.786 /// OANDA Feed
Take profit 1: 353.319 Risk to Reward: 23
Take profit 2:352.330
Conservative /ideal entry info:
Entry: 360.396// OANDA Feed
Stop loss 360.988/ OANDA Feed
Take profit 1: 353.319 Risk to Reward: 15
Take profit 2:352.330
Take profit 3: 337.830 RR: 6.2%
Precision of entry: Medium / Low
Additional comments: If sellers fail then buyers will take the price to 367.330 and ultimately to 369.733 (price will follow the red scenario/arrow highlighted on chart)
Note: setup will be invalid if target 1 is achieved before the setup is triggered
Probability of a 4% long straddle from current price >50%
Aggressive entry info:
Entry: 358.551 // OANDA Feed
Stop loss 358.786 /// OANDA Feed
Take profit 1: 353.319 Risk to Reward: 23
Take profit 2:352.330
Conservative /ideal entry info:
Entry: 360.396// OANDA Feed
Stop loss 360.988/ OANDA Feed
Take profit 1: 353.319 Risk to Reward: 15
Take profit 2:352.330
Take profit 3: 337.830 RR: 6.2%
Precision of entry: Medium / Low
Additional comments: If sellers fail then buyers will take the price to 367.330 and ultimately to 369.733 (price will follow the red scenario/arrow highlighted on chart)
Note: setup will be invalid if target 1 is achieved before the setup is triggered
Probability of a 4% long straddle from current price >50%
Trade active:
Broke even for this trade USD momentum is strong
