Looking for a potential GU SELL, targeting TP AREAS. (30+ PIPS)
Looking to bank 150 PIPS if market holds bearish momentum
Trade Safe
Entry Criteria
- Strictly looking to execute entry on price action, reversal candle, exhaustion candle
- If price breaks through sell area 1 with bullish momentum, look to take sell in sell area 2 (Price Action etc)
- Apply risk management according to what suits your trading style
Targeting price area 1.220, If TP Areas 1 & 2 are broken with strong bearish momentum (150 PIPs)
Looking to bank 150 PIPS if market holds bearish momentum
Trade Safe
Entry Criteria
- Strictly looking to execute entry on price action, reversal candle, exhaustion candle
- If price breaks through sell area 1 with bullish momentum, look to take sell in sell area 2 (Price Action etc)
- Apply risk management according to what suits your trading style
Targeting price area 1.220, If TP Areas 1 & 2 are broken with strong bearish momentum (150 PIPs)
Trade closed: target reached
TP AREA 1 SUCCESSFULLY HIT - 30 PIPSNote
Trade Management:1. Adjust SL into BE to protect trade and ride 100% of position risk free to TP Area 2/ 3
or
2. Simply close partial (50% of position minimum), to secure some profit + adjust SL into BE to protect trade & ride remaining position risk free to TP Area 2/ 3
Trade closed: target reached
TP AREA 2 HIT - 85 PIPS
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.