Opened two long trades on NZDUSD.
One with RR 3:1 and the second with RR:5:1
See chart for my forecast.
One with RR 3:1 and the second with RR:5:1
See chart for my forecast.
Trade active
Note
Moved SL to 0.6890 for both trades . Worst case scenario: both trades close and I end up with only with a small profit.
Best case scenario, first TP target is reached and I move the SL for the second trade to 0.69
Trade closed: target reached
trade closed with minimal profit.
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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.