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AGold54

GBPNZD SS Long + 178 Pip Potential

Long
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
AGold54 Updated   
OANDA:GBPNZD   British Pound / New Zealand Dollar
Support and Resistance Multiple Time Frame Analysis Technical Indicators ichimokukinkohyo ichimoku_trader breakouttrading GBPNZD GBP NZD multipletimeframe
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14
supportandresistance mtfa indicator ichimokukinkohyo ichimoku_trader breakouttrading gbpnzd gbp nzd multipletimeframe
Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and Great RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8880
Stop = 1.8860
Risk = 20 pips
Profit target = 1.9058 ( The projected daily high )
Reward = +178 Pips
RRR = 8.9 - 1
2nd Entry = 1.8950
Stop = 1.8925
Risk = 25 pips
Profit target = 1.9058 ( The projected daily high )
Reward = + 108 PIps
RRR = 4.32 - 1

I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
Trade closed: stop reached:
This trade triggered and hit the stop so it is closed for a loss :(
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