HKDUSD Short swing trade with 4 huge R/R possibilities
The HKDUSD has NEVER broken and closed above 0.12899 (approx) since 2007 when it was digitized. Therefore, even though history is not guaranteed to predict the future, it seems highly probable that price will fall.
This is one idea to set your alarm for.
I have set out 4 possible trades with varying R/R all over 5/1. I have defined extremely aggressive ideas here as a heavy short is on the cards.
1) R/R = 5/1
2) R/R = 8/1
3) R/R = 18.33/1
4) R/R = 26/1
This is one idea to set your alarm for.
I have set out 4 possible trades with varying R/R all over 5/1. I have defined extremely aggressive ideas here as a heavy short is on the cards.
1) R/R = 5/1
2) R/R = 8/1
3) R/R = 18.33/1
4) R/R = 26/1