Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.6968
Stop =1.6988
Risk = 20 pips
Profit target = 1.6845 ( The projected daily low )
Reward = 123 Pips
RRR =6.15 - 1
2nd Entry = 1.6937
Stop = 1.6967
Risk = 30 pips
Profit target = 1.6845 ( The projected daily )
Reward = 92 Pips
RRR = 3-1
** Be Aware that Cad employment news is scheduled for 8:30 am est.,which will directly effect this trade and US Non-Farm payroll is scheduled for the same time which will indirectly effect this trade.
2 Potential entries (it is one or the other, not both)
Entry = 1.6968
Stop =1.6988
Risk = 20 pips
Profit target = 1.6845 ( The projected daily low )
Reward = 123 Pips
RRR =6.15 - 1
2nd Entry = 1.6937
Stop = 1.6967
Risk = 30 pips
Profit target = 1.6845 ( The projected daily )
Reward = 92 Pips
RRR = 3-1
** Be Aware that Cad employment news is scheduled for 8:30 am est.,which will directly effect this trade and US Non-Farm payroll is scheduled for the same time which will indirectly effect this trade.
Dagangan aktif
This trade has been triggered and is now Active :)Dagangan ditutup secara manual
This trade is up + 5 Pips and I am going to close for a number of reasons. 1. GBP is showing strength this am and 2. The upcoming news events mentioned i the intial post.Have a Great weekend :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.