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 = 1.3304
Stop = 1.3324
Risk = 20 pips
Profit target = 1.3203 ( The projected daily low )
Reward = 101 Pips
RRR = 5-1
2nd Entry = NEED a CLOSE below 1.3263
Stop = 1.32??
Risk = 20 pips
Profit target = 1.3203 ( The projected daily low )
Reward = approx 55 pips
RRR =2.5 -1
2 Potential entries (it is one or the other, not both)
Entry = 1.3304
Stop = 1.3324
Risk = 20 pips
Profit target = 1.3203 ( The projected daily low )
Reward = 101 Pips
RRR = 5-1
2nd Entry = NEED a CLOSE below 1.3263
Stop = 1.32??
Risk = 20 pips
Profit target = 1.3203 ( The projected daily low )
Reward = approx 55 pips
RRR =2.5 -1
Trade active
This Trade has been triggered and is now ActiveTrade closed manually
Trade closed flat
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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.