PAIR: GBP/USD - Short
There are two candle stick patterns
1) Bearish pattern - Tweezer Top Pattern
2) Confirmation pattern - Three Outside Down
So taking into consideration of the above two patterns I am opening a short trade with the information below.
Account Size: 10560
Risk Percentage: 1 + 1 = Total 2 Percentage
Amount at Risk: 105.6 USD
Sizing: 0.09 Lots
Amount at Risk: 105.6 USD
Sizing: 0.09 Lots
Total Amount at Risk: 211 USD
Total Lot Size: 0.18
Entry Point: 1.205
Stop Loss (-1.87%): 1.216
Take Profit 1 (2.12%): 1.201
Take Profit 2 (3.68%): 1.197
1) Bearish pattern - Tweezer Top Pattern
2) Confirmation pattern - Three Outside Down
So taking into consideration of the above two patterns I am opening a short trade with the information below.
Account Size: 10560
Risk Percentage: 1 + 1 = Total 2 Percentage
Amount at Risk: 105.6 USD
Sizing: 0.09 Lots
Amount at Risk: 105.6 USD
Sizing: 0.09 Lots
Total Amount at Risk: 211 USD
Total Lot Size: 0.18
Entry Point: 1.205
Stop Loss (-1.87%): 1.216
Take Profit 1 (2.12%): 1.201
Take Profit 2 (3.68%): 1.197
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