FX_IDC:USDKRW   U.S. Dollar / South Korean
839 4 4
Massive move if breaks out
What stop would you use?
If the stop is massive too...not so good.
I think it started to break already.
Reply
pantheo PRO IvanLabrie
Stop should be below previous swing low at 1157, so roughly it's 1/4 RR for a long term play to PO. Not gonna buy the breakout unless close clearly above. Momo divergence is worrying now and maybe USD is due for a pull back from 99. 95 area. Prefer to buy the possible pull back to previous demand zone around 1117 area if there, which makes R/R even better.
Reply
Cool, yeah that makes sense.
Cheers!
Reply
pantheo PRO IvanLabrie
Cheers:-)
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out