GBPCAD SS Short + 132 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 = 1.6932
Stop = 1.6952
Risk = 20 pips
Profit target = ( The projected daily low )
Reward = 132 Pips
RRR = 6.6-1
2nd Entry = 1.6852
Stop =1.6882
Risk = 30 pips
Profit target = 1.8762 (statistical target)
Reward = 90 Pips
RRR = 3-1
** Please be aware that UK GDP is scheduled for 4:30 am est. and will directly effect this trade.
2 Potential entries (it is one or the other, not both)
Entry = 1.6932
Stop = 1.6952
Risk = 20 pips
Profit target = ( The projected daily low )
Reward = 132 Pips
RRR = 6.6-1
2nd Entry = 1.6852
Stop =1.6882
Risk = 30 pips
Profit target = 1.8762 (statistical target)
Reward = 90 Pips
RRR = 3-1
** Please be aware that UK GDP is scheduled for 4:30 am est. and will directly effect this trade.
Trade active:
This Trade has been triggered and is now Active :)
Trade closed manually:
Going to close here + 5 Pips, she pushed right up against our stop loss, which held, and came back but their is no follow through.