Top line - Stop loss
Middle line - Horizontal Trend Line
Bottom Line - Take profits
SL - 1.06680
Entry - 1.05680
Tp - 1.03680
1:200 Risk to reward ratio
Stop loss 100 pips above the entry
Take profits 200 pips below the entry
Waiting to see if price is going to come down to the 1.03680 area which could be a potential double bottom depending on how price moves
Middle line - Horizontal Trend Line
Bottom Line - Take profits
SL - 1.06680
Entry - 1.05680
Tp - 1.03680
1:200 Risk to reward ratio
Stop loss 100 pips above the entry
Take profits 200 pips below the entry
Waiting to see if price is going to come down to the 1.03680 area which could be a potential double bottom depending on how price moves
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.
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.