Dear Investors
This is an update to yesterday's setup on this pair.
Price broke below the neckline, and provided a valid confirmation in the retest
Currently price is beyond +2R so I have secured 50% profit for a risk free Trade
What is a Risk free Trade?
A risk free Trade is a scenario where you have nothing to lose if the market should reverse against your position
This scenario also gives you the confidence to hold onto a profitable Trade for longer periods, allowing you to reap the full benefits of the move.
Let's see what happens next.
This is an update to yesterday's setup on this pair.
Price broke below the neckline, and provided a valid confirmation in the retest
Currently price is beyond +2R so I have secured 50% profit for a risk free Trade
What is a Risk free Trade?
A risk free Trade is a scenario where you have nothing to lose if the market should reverse against your position
This scenario also gives you the confidence to hold onto a profitable Trade for longer periods, allowing you to reap the full benefits of the move.
Let's see what happens next.
