GBPCHF SS Short + 60 Pip Potential
Price is below the Daily and the 15 KS as well as the cloud, but above the 60 KS. This is a Type 2 trade with a High probability and good RRR.
Entry = enter short on a CLOSE, not a penetration, below the 60 KS at 1.25932
Stop = approx 1.2610
Risk = 20 pips
Profit target = 1.2530 ( The projected daily low )
Reward = 60 Pips
RRR = 3-1
Entry = enter short on a CLOSE, not a penetration, below the 60 KS at 1.25932
Stop = approx 1.2610
Risk = 20 pips
Profit target = 1.2530 ( The projected daily low )
Reward = 60 Pips
RRR = 3-1
Trade active
This trade has been triggered and is now active :)Trade active
FYI on my brokers platform this pair closed at 1.2590, where I entered, while here it closed at 1.2593...above the trigger. I will update this trade as if triggered here as well.Trade active
Ok this trade has been triggered here as well, at the same price Entry =1.2590
Stop = 1.2617
PT = 1.2530
Trade closed: stop reached
unfortunately this one did not work out :(
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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.