Parallel Channel/Engulfing Low risk trade

11 Ara 2018

Prices have nicely formed Up sloping channel and today's Engulfing offers an opportunity to go long at current level. One can risk the amout of one bar only. Prices have bounced at retest of lower trend line . We can initiate the long trade as the details given below
Entry 431
SL 408(closing)
Target 492
Risk/Reward Ratio 2.65
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.

11 Ara 2018

İşlem aktif

13 Ara 2018

Not

Trade is going well SL raised to 437 so it is a risk free trade now :)

19 Ara 2018

İşlem kapandı: hedefe ulaştı

Stress Free trade did very well :)