Price is below the Daily KS but above the 60 and 15 KS. Price is in the cloud from above. This is a Type 2 trade with a High probability and good to great RRR.
2 potential Entries
1st Entry = 1.8194 (top of Asian Box)
Stop = 1.8214
Risk = 20 pips
Profit target = 1.8079 ( The projected daily low )
Reward = 115 Pips
RRR = 5.75 - 1
2nd Potential entry =close below 1.81499 (the 60KS)
Stop =
Risk = 30 pips
Profit target = 1.8079 ( The projected daily low )
Reward =
RRR =
2 potential Entries
1st Entry = 1.8194 (top of Asian Box)
Stop = 1.8214
Risk = 20 pips
Profit target = 1.8079 ( The projected daily low )
Reward = 115 Pips
RRR = 5.75 - 1
2nd Potential entry =close below 1.81499 (the 60KS)
Stop =
Risk = 30 pips
Profit target = 1.8079 ( The projected daily low )
Reward =
RRR =
交易开始:
Trade got taken in at 1.8194 on better than expected news and Immediately dropped to 1.8184 + 10. Since the news was better than expected, I am moving my stop to break even
交易结束：到达止损:
Trade closed at break even. Will consider re-entering if the resistance level holds.