GBPUSD SS Short + 95 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 = 1.2221
Stop = 1.2241
Risk = 20 pips
Profit target = 1.2126 ( The projected daily low )
Reward = +95 Pips
RRR = 4.75 - 1
2nd Entry = 1.2192
Stop = 1.2217
Risk = 25 pips
Profit target = 1.2117
Reward = +75 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Allen
2 Potential entries (it is one or the other, not both)
Entry = 1.2221
Stop = 1.2241
Risk = 20 pips
Profit target = 1.2126 ( The projected daily low )
Reward = +95 Pips
RRR = 4.75 - 1
2nd Entry = 1.2192
Stop = 1.2217
Risk = 25 pips
Profit target = 1.2117
Reward = +75 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Allen
Trade active
This Trade has been triggered and is now Active :)Trade closed manually
Some tough sledding today. GBP just not want to die. looking at the wicks on the candles, each tie the market pushes down, it bounces right back up. So I am going to close here for +3 pips.Note
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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.