GBPJPY SS Short + 87 Pip Potential
Updated
We have several good Type 1 Trades on the GBP pairs today. This is the First:
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 136.99
Stop =137.19
Risk = 20 pips
Profit target = 136.12( The projected daily low )
Reward = 87 Pips
RRR = 4.35 - 1
2nd Entry = 136.55
Stop = 136.85
Risk = 30 pips
Profit target = 135.65
Reward = 90 Pips
RRR = 3-1
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 136.99
Stop =137.19
Risk = 20 pips
Profit target = 136.12( The projected daily low )
Reward = 87 Pips
RRR = 4.35 - 1
2nd Entry = 136.55
Stop = 136.85
Risk = 30 pips
Profit target = 135.65
Reward = 90 Pips
RRR = 3-1
Trade active
This Trade has been triggered and is now Active :)Trade closed manually
I will close this trade here + 30 Pips :)
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