GBPJPY SS Long + 138 Pip Potential
Updated
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.
2 Potential entries (it is one or the other, not both)
Entry = 134.02
Stop =133.82
Risk = 20 pips
Profit target = 135.40 ( The projected daily high )
Reward = 138 Pips
RRR = 6.9-1
2nd Entry = 134.63
Stop = 134.38
Risk = 25 pips
Profit target = 135.40 ( The projected daily high )
Reward = 77 Pips
RRR = 3.1 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
2 Potential entries (it is one or the other, not both)
Entry = 134.02
Stop =133.82
Risk = 20 pips
Profit target = 135.40 ( The projected daily high )
Reward = 138 Pips
RRR = 6.9-1
2nd Entry = 134.63
Stop = 134.38
Risk = 25 pips
Profit target = 135.40 ( The projected daily high )
Reward = 77 Pips
RRR = 3.1 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.
Trade active
This Trade has been triggered and is now Active :)Trade closed: target reached
Although the Breakout trade did not do well. The Pullback trade hit the Profit Target for +138 Pips :)Disclaimer
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