It's a potential short position for 300 pips.
Based on AB=CD And Gann Analysis
If you want to get in this trade from this 1.10450-1.10550, you can still catch 130 pips till TP1 is reached, however there may be a slight pullback., It is recommended to enter with a smaller lot size if you want short right away.
TP & SL are mentioned in the chart.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity
however there may be a slight pullback.
Based on AB=CD And Gann Analysis
If you want to get in this trade from this 1.10450-1.10550, you can still catch 130 pips till TP1 is reached, however there may be a slight pullback., It is recommended to enter with a smaller lot size if you want short right away.
TP & SL are mentioned in the chart.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity
however there may be a slight pullback.
I am in this trade from 1.14130 and My first Position is already in 453 Pips Profit . When I posted this chart I mentioned 2nd entry range which starts from 1.11650, It was activated on 07/14/2016 at 1.11648.
Partial profit taken at 1.09600 - 205 Pips for Second Entry & 453 Pips for First Entry.
If you are following this idea, I would suggest to Move Stop Loss to BE or Preferably 100 Pips Profit, if you want to continue with the trade.
Good Luck !
Don't forget to like if you have followed this idea and made a profit. :)