Introduction
Hello trading-view! My break of three weeks is over, and it’s time to get back on schedule. OXTUSD has the potential to hit nearly 46 cents sometime in February if there is a break upward of it’s symmetrical triangle. In other words, it might go up as much as 15 cents soon.
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Statistics
Here are the details of the trade such as risk reward, stop-loss, etc...
Target: 0.4594
Entry: 0.3394
Stop-loss: 0.2846
RR: 2.19
Potential Profit: 35.36%
Potential loss: 16.15%
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Final thoughts
Remember to use position sizing to minimize the risk you take on any one trade. I will be posting an educational idea either in the afternoon or tomorrow, and starting this week every Sunday. I will also be posting more trades like this. Keep in mind I might miss a few good setups simply because I’m not a full time trader.
*not financial advice
Hello trading-view! My break of three weeks is over, and it’s time to get back on schedule. OXTUSD has the potential to hit nearly 46 cents sometime in February if there is a break upward of it’s symmetrical triangle. In other words, it might go up as much as 15 cents soon.
————————————————————————————————————————————————————————
Statistics
Here are the details of the trade such as risk reward, stop-loss, etc...
Target: 0.4594
Entry: 0.3394
Stop-loss: 0.2846
RR: 2.19
Potential Profit: 35.36%
Potential loss: 16.15%
————————————————————————————————————————————————————————
Final thoughts
Remember to use position sizing to minimize the risk you take on any one trade. I will be posting an educational idea either in the afternoon or tomorrow, and starting this week every Sunday. I will also be posting more trades like this. Keep in mind I might miss a few good setups simply because I’m not a full time trader.
*not financial advice
