Here we have a great opportunity to sell a high from a sideways market.
It has very good risk to reward and you can extend the target if the market breaks it.
Your profits can go up to 300+ pips ( Length of the sideways channel ).
Comment:
1:1 MOVE TO BREAK EVEN !
Comment:
TP 2 hit at 60 pips (1:2)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.