The 1h chart is in a down trend with new LLs being formed.
The trade is more of a "risky" trade as I am expecting price to pull up to the 10m entry zone above and explained in a previous post.
Why am I taking this trade if it is "risky"?
If this trade does lose then the second entry that I have talked about previously is now almost a 10:1 trade and so will cover the loss.
GBPUSD is in quite an aggressive downtrend on the higher timeframes and so I view the risk to reward as favourable.
The entry is at the 1h down trend extreme.
The trade is more of a "risky" trade as I am expecting price to pull up to the 10m entry zone above and explained in a previous post.
Why am I taking this trade if it is "risky"?
If this trade does lose then the second entry that I have talked about previously is now almost a 10:1 trade and so will cover the loss.
GBPUSD is in quite an aggressive downtrend on the higher timeframes and so I view the risk to reward as favourable.
The entry is at the 1h down trend extreme.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.