The Monthly and Daily time frames are Bearish.
This pair has trading in a tight range since January 17
Would like to see the Kejun Sen flatten or better yet
step down and that will happen if the pair respects the
Resistance level.
The Optimal time to start look for this trade to trigger
would be after 1am as the Cloud will have thinned out
making it easier to break through.
Entry = 1.0645
Stop =1.0665
1st PT = 1.0505
2nd PT = 1.0356
Risk = 20 pips
Reward 1st PT = 140 pips
Reward 2nd PT = 289 pips
RRR 1st PT = 7-1
RRR 2nd PT = 14.4 - 1
This pair has trading in a tight range since January 17
Would like to see the Kejun Sen flatten or better yet
step down and that will happen if the pair respects the
Resistance level.
The Optimal time to start look for this trade to trigger
would be after 1am as the Cloud will have thinned out
making it easier to break through.
Entry = 1.0645
Stop =1.0665
1st PT = 1.0505
2nd PT = 1.0356
Risk = 20 pips
Reward 1st PT = 140 pips
Reward 2nd PT = 289 pips
RRR 1st PT = 7-1
RRR 2nd PT = 14.4 - 1
交易進行
Price seems to be stalling here at 1.0606. + 39 pips which is 2-1 I am going to take 2/3 of my position off and move the stop to flat交易進行
Price is approaching our first PT at 1.0505 :)交易結束：目標達成
Price hit our first Profit target and stalled so I am closing my entire position here for a +140 pips and a 7-1 RRR
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