a stop loss around 6o to 70 points, obviously 70 goes into 140 twice, so it will be a 2 to 1 risk reward.
now, there’s a good chance that i might not actually get filled on this trade. as i said i am waiting for the market to rotate down towards the 1.6680 – 1.6700 support area, if we do end up getting down to that entry area i will be in a long position. hopefully, things work out and price does move up toward s the target area around 1.6820. obviously, things could go wrong that’s why we have the stop loss in place, which as i said before 