GBPJPY SS Short + 94 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 = 139.54
Stop = 139.74
Risk = 20 pips
Profit target = 138.60 ( The projected daily low )
Reward = +94 Pips
RRR = 4.7-1
2nd Entry = 139.25
Stop = 139.55
Risk = 30 pips
Profit target = 138.60 ( The projected daily low )
Reward = + 65 Pips
RRR = 2.1 -1
2 Potential entries (it is one or the other, not both)
Entry = 139.54
Stop = 139.74
Risk = 20 pips
Profit target = 138.60 ( The projected daily low )
Reward = +94 Pips
RRR = 4.7-1
2nd Entry = 139.25
Stop = 139.55
Risk = 30 pips
Profit target = 138.60 ( The projected daily low )
Reward = + 65 Pips
RRR = 2.1 -1
Trade active
This Trade has been triggered and is now Active :)Trade active
this trade is up + 25 Pips, I am going to Bank some profit and move my stop to breakeven :)Trade closed manually
The remaining portion of this trade has been closed flat. Another Good day :)
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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.