GBPAUD SS Short +157 Pip Potential

2019-11-04 13:54:08

Price is above 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. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position.
PB Entry = 1.8742
Stop =1.8762
Risk = 20 pips
Profit target = 1.8585 ( The daily KS )
Reward = 157 Pips
RRR = 7.85-1
BO Entry = 1.8676
Stop = 1.8701
Risk = 25 pips
Profit target = 1.8585 ( The daily KS )
Reward = 91 Pips
RRR = 3.64 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week!!
Allen
** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks.