Coming off an impressive long from last weeks bullish bat pattern, the pair has now come back to retest previous structure highs. Although i wouldn't consider this to be the optimal structure level, the risk reward that is available on this trade makes it worth the take. A single ATR stop above the highs provides me with a less than 20pip risk (if i'm wrong, I want to be wrong fast) , while a move into previous structure would offer more than 30 pips in potential reward. Check out my youtube page a little later to see how we broke this down in today's Live TRading Room session youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg
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anchor.fm/thetradingcoachpodcast
More Videos youtube.com/akilstokes
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
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The Trading Coach Podcast- Available on your favorite app!
anchor.fm/thetradingcoachpodcast
More Videos youtube.com/akilstokes
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
anchor.fm/thetradingcoachpodcast
More Videos youtube.com/akilstokes
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Related publications
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.