Ok, this is my fisrt trade in babypips, good luck.
I see on time frame daily a pretty breakout triangle.
The entry point, line orange, stop loss red and take profit green in the chart.
Long or Short: Short
Entry Point: 1.50502
Stop Loss: 1.51505
Profit Target/s: 1.48275
Reward-to-risk Ratio: 2.20:1
Risk percentage: 2%
Indicators used: Breakout triangle and price action.
What do you think ?
