Buy limit was placed at 1.70270 Stop was placed at 1.70100 TP is set at 1.71600 Low risk with a higher reward potential
Entered into this position at .19262 Plan on swinging this for new highs.
If this setup happens we are looking to open up a long position inside of that box and looking to take it back to atleast the 38.2 which would be around the 1.73 range. We will be looking for atleast 200 pips on the move up.
Sell Limit 1510.50 Stop Loss 1520.50 Take Profit 1446.50 Be sure to use proper risk management when looking at entering into anything trade wise.
Changes made moved the sell limits as I seen price behaving differently than orginally expected so I projected a slightly bigger move. Sell limit Min activated at 1488 Sell Limit at 1490.50 Stop loss 50 pips from the sell limit max and the stop loss would be 75 for the sell limit min. TP 1446.50 400+ pips
Short position opened up at 111.636 SL @ 111.950 TP: 110.525