-21 Week ascending triangle
-Intraday breach of 1.833 which has proved a significant level
-Favorable R/R with stop set as intraday swing level
-Measured move up to 1.925
40 basis points intraday
An additional 40 basis points if R/R remains favorable
*Not investment advice*
-Intraday breach of 1.833 which has proved a significant level
-Favorable R/R with stop set as intraday swing level
-Measured move up to 1.925
40 basis points intraday
An additional 40 basis points if R/R remains favorable
*Not investment advice*
Comment:
Shaving down risk from 40 to 30 basis points which equates to the low of the previous day
Comment:
Stopped out, watching for 2nd attempt long. Wouldn't of taken a loser home over the weekend anyway
Price is meandering around boundary and did not see acceleration, feel no need to add another 40 basis points at this point