GBPSGD Position trade take 2
Second reentry attempt. Will abandon trade idea if another loss
-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 at the daily close
*Not investment advice*
-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 at the daily close
*Not investment advice*
Note
Oder filled, will add an additional 40 basis points risk if breakout confirmed on the daily closeNote
Additional 40 basis points added at 1.8456Note
Stops adjusted to 1.8320 for 35 basis points of riskNote
Stop moved to 1.83624Note
Stop moved to break even 1.84242Note
Stopped out break even
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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.
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.