GBPCHF SS Short + 142 Pip Potential

29 Ogo 2019

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.2022
Stop = 1.2042
Risk = 20 pips
Profit target = 1.1880 ( The projected daily low )
Reward = + 131 Pips
RRR = 7 -1
2nd Entry = 1.1952
Stop = 1.1977
Risk = 25 pips
Profit target = 1.1870
Reward = + 82 Pips
RRR = 3.1 - 1

I would appreciate if you leave a comment or like as a thank you

Allen

29 Ogo 2019

Nota

correction: The Asian Box high is 1.20011 (not 1.2011). This does not effect the trade parameters at all

29 Ogo 2019

Nota

I pushed the Pullback entry back to 1.2022 which is the Daily Kejun Sen and should provide a much stronger resistance level

29 Ogo 2019

Dagangan aktif

This trade has been triggered and is now Active :)

29 Ogo 2019

Dagangan ditutup: hentian tercapai

Unfortunately, this trade has hit it stop :(

29 Ogo 2019

Dagangan aktif

the Pullback entry at 1.2022 has been triggered. this trade is now Active

29 Ogo 2019

Dagangan ditutup secara manual

This trade has reached the 15 min Senkou A. I am going to close it here at 1.1980 for +41 pips

29 Ogo 2019

Nota

Although not Ideal, from the 2 trades we netted + 16 Pips (-25 pip loss and a +41 pip gain)