Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
BO Entry = 1.7022
Stop = 1.6997
Risk = 25 pips
Profit target = 1.7097 ( The projected daily high )
Reward = 75 Pips
RRR = 3 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend !
Allen
As some of you know, I combine Strength and weakness, correlation and multiple tine frame analysis with Ichimoku concepts.
Applying my methodology, you will know the best pair to trade, direction as well as specific entries and exits.
I am holding an introductory webinar on Tuesday November 5 at 5:30 am GMT (30 minutes before the European open)
I will explain the components of my methodology and the logic behind it Refreshments will be served....Lol
If you are interested, shoot me a message with your email or respond below and I will send you an invite