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TomKirk

GBPSGD Position trade take 2

Panjang
BRITISH POUND / SINGAPORE DOLLAR (FX_IDC:GBPSGD)  
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FX_IDC:GBPSGD   BRITISH POUND / SINGAPORE DOLLAR
Chart Patterns
1
0
chartpattern
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*
Komen:
Oder filled, will add an additional 40 basis points risk if breakout confirmed on the daily close
Komen:
Additional 40 basis points added at 1.8456
Komen:
Stops adjusted to 1.8320 for 35 basis points of risk
Komen:
Stop moved to 1.83624
Komen:
Stop moved to break even 1.84242
Komen:
Stopped out break even
Penafian

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