Trade Reference Number: 5642
DO NOT ENTER UNTIL CONFIRMATIONS HAVE BEEN MET!
Pending 2 confirmations on the hourly chart. We are awaiting a second bounce off 1.21352 and a 1 hour close below 1.21065 before making our short entry. We have a 2 take profit to break-even structure in place. Our take profit is at 1.20037 (0.64%) once take profit is reached half of the position should be closed and remainders stop loss adjusted to break even (your entry price). The second take profit which will fully liquidate your entire position will be at 1.19534 (1.25%)
What Will Invalidate This Setup?
If we see close above 1.21352 or above condition 2 the whole setup is now invalid and you can remove it from the watch list.
DO NOT ENTER UNTIL CONFIRMATIONS HAVE BEEN MET!
Pending 2 confirmations on the hourly chart. We are awaiting a second bounce off 1.21352 and a 1 hour close below 1.21065 before making our short entry. We have a 2 take profit to break-even structure in place. Our take profit is at 1.20037 (0.64%) once take profit is reached half of the position should be closed and remainders stop loss adjusted to break even (your entry price). The second take profit which will fully liquidate your entire position will be at 1.19534 (1.25%)
What Will Invalidate This Setup?
If we see close above 1.21352 or above condition 2 the whole setup is now invalid and you can remove it from the watch list.