Entry Type : Market Sell @ 140.349 Stop Loss : 141.600 Take Profit : 136.000 R/R : 3.48 R/R % : .37% / 1.28%
Trade (2)
Entry Type : Limit Sell @ 140.500 Stop Loss : 141.600 Take Profit : 136.000 R/R : 4.09 R/R % : .37% / 1.51%
Technical Analysis:
Price Action has consolidated right underneath the 61.8% fib level and at a key resistance (140.500). Im expecting a short to be carried until a touch from the ascending trend line roughly at the 136.000 level which is the 50% Fib level on the daily uptrend. I have .37% per a position giving me a total risk of .75% to this pair.
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Trade (1) active as stated in description.
Trade (2) triggered as stated.
Both positions have had stop loss adjusted to breakeven level.