GBPJPY SS Short + 88 PIp Potential
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 = 136.23
Stop =136.43
Risk = 20 pips
Profit target = 135.35 ( The projected daily low )
Reward = 88 Pips
RRR = 4.5-1
2nd Entry = 135.50
Stop = 135.80
Risk = 30 pips
Profit target = 134.60
Reward = 90
RRR = 3-1
2 Potential entries (it is one or the other, not both)
Entry = 136.23
Stop =136.43
Risk = 20 pips
Profit target = 135.35 ( The projected daily low )
Reward = 88 Pips
RRR = 4.5-1
2nd Entry = 135.50
Stop = 135.80
Risk = 30 pips
Profit target = 134.60
Reward = 90
RRR = 3-1
Note
The BREAK-OUT ENTRY (135.50) on this set-up is on HOLD. The GBP pairs are showing strength, until that changes we will only look to take the pullback entry at 136.23Ordre annulé
This trade was not triggered and our window is closed. Accordingly this trade is cancelled.
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.