GBPAUD SS Short + 114 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 = 1.8318
Stop = 1.8338
Risk = 20 pips
Profit target = 1.8204 ( The projected daily low )
Reward = 114 Pips
RRR = 5.7 -1
2nd Entry = 1.8277
Stop = 1.8307
Risk = 30 pips
Profit target = 1.8204 ( The projected daily )
Reward = 73 Pips
RRR = 2.4 -1
2 Potential entries (it is one or the other, not both)
Entry = 1.8318
Stop = 1.8338
Risk = 20 pips
Profit target = 1.8204 ( The projected daily low )
Reward = 114 Pips
RRR = 5.7 -1
2nd Entry = 1.8277
Stop = 1.8307
Risk = 30 pips
Profit target = 1.8204 ( The projected daily )
Reward = 73 Pips
RRR = 2.4 -1
Trade active
This trade has been triggered and is now Active :)Trade active
Although this trade pressed our stop, it held and is now + 22 Pips. I will move my stop to flat at this point.Trade closed manually
This trade has been closed flat. Market didn't breakout but stayed in a range. No harm no foul :)
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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.