Probability: ~19%
Reward (Target 1): 989 pips
Reward (Target 2): 1422 pips
Reward (Target3): 1829pips
Risk: 44 pips
Risk to Reward: 60 (34for target 1, & 48 for target 2)
Aggressive entry 94.111 // OANDA Feed
Conservative Entry 93.629 // OANDA Feed
Stop loss 93.193 // OANDA Feed
Take profit 1: 103.852
Take profit 2: 108.297 (Classic resistance)
Take profit 3: 111.186 (Ideal Take profit)
Precision of entry: High
Probability of an 800 pips long straddle from current price >50%
White scenario is more favourable than the red scenario
Reward (Target 1): 989 pips
Reward (Target 2): 1422 pips
Reward (Target3): 1829pips
Risk: 44 pips
Risk to Reward: 60 (34for target 1, & 48 for target 2)
Aggressive entry 94.111 // OANDA Feed
Conservative Entry 93.629 // OANDA Feed
Stop loss 93.193 // OANDA Feed
Take profit 1: 103.852
Take profit 2: 108.297 (Classic resistance)
Take profit 3: 111.186 (Ideal Take profit)
Precision of entry: High
Probability of an 800 pips long straddle from current price >50%
White scenario is more favourable than the red scenario
Trade active
Closed 20% of the position @ 103.45 (932 pips profit)Trade active
Closed 60% of the position (80% in total)I will keep the remaining 20% as a 'carry trade'
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.