GBPAUD SS Short + 198 Pip Potential

2020-02-06 13:42:11

Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. 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 = 1.9261
Stop =1.9286
Risk = 25 pips
Profit target = 1.9063 ( The daily projected low )
Reward = 198 Pips
RRR = 7.92-1

BO Entry = 1.9183
Stop = 1.9208
Risk = 25 pips
Profit target = 1.9063 (the daily projected low)
Reward = 120 Pips
RRR = 4.8 - 1

I would appreciate if you leave a comment or like as a thank you

Allen