GBPNZD SS + 102 Pip Potential

By AGold54
Updated
Price is below 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 = 1.8468
Stop = 1.8488
Risk = 20 pips
Profit target = 1.8366 ( The projected daily low )
Reward = +102 Pips
RRR =5-1
2nd Entry = 1.8436
Stop = 1.8461
Risk = 25 pips
Profit target = 1.8346
Reward = 90 Pips
RRR = 3.6 - 1

I would appreciate if you leave a comment or like as a thank you
Allen
Trade active
This trade has been triggered and is now Active :)
Trade closed: stop reached
That was a quick an unfortunate end :(
breakoutGBPgbpzndichimokukinkohyoichimoku_traderTechnical IndicatorsMultiple Time Frame AnalysismultipletimeframeNZDSupport and Resistance

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