Introduction
Hello trading-view! My break of three weeks is over, and it’s time to get back on schedule. OXTUSD has the potential to hit nearly 46 cents sometime in February if there is a break upward of it’s symmetrical triangle. In other words, it might go up as much as 15 cents soon.
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Statistics
Here are the details of the trade such as risk reward, stop-loss, etc...
Target: 0.4594
Entry: 0.3394
Stop-loss: 0.2846
RR: 2.19
Potential Profit: 35.36%
Potential loss: 16.15%
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Final thoughts
Remember to use position sizing to minimize the risk you take on any one trade. I will be posting an educational idea either in the afternoon or tomorrow, and starting this week every Sunday. I will also be posting more trades like this. Keep in mind I might miss a few good setups simply because I’m not a full time trader.
*not financial advice
Hello trading-view! My break of three weeks is over, and it’s time to get back on schedule. OXTUSD has the potential to hit nearly 46 cents sometime in February if there is a break upward of it’s symmetrical triangle. In other words, it might go up as much as 15 cents soon.
————————————————————————————————————————————————————————
Statistics
Here are the details of the trade such as risk reward, stop-loss, etc...
Target: 0.4594
Entry: 0.3394
Stop-loss: 0.2846
RR: 2.19
Potential Profit: 35.36%
Potential loss: 16.15%
————————————————————————————————————————————————————————
Final thoughts
Remember to use position sizing to minimize the risk you take on any one trade. I will be posting an educational idea either in the afternoon or tomorrow, and starting this week every Sunday. I will also be posting more trades like this. Keep in mind I might miss a few good setups simply because I’m not a full time trader.
*not financial advice
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.