GBPCHF Potential short
Aktualisiert
Hello Traders,
We have a descending trend on GBPCHF on the 15min timeframe. We are expecting price to respect the descending trend line and head to forming a new lower low. We took our entry on the 5min timeframe when we saw price in our 50% to 61.8% fibonacci retracement zone and touching our trend line.
Our trading plan goes as follows;
TP1: Close 50% of position and move SL to Breakeven. Remaining position is 50% and risk free.
TP2: Close 25% of remaining position and move stop loss to TP1. Remaining position is 25% and profit is secured.
TP3: Full take profit is realised.
Good luck and Happy Trading!!
We have a descending trend on GBPCHF on the 15min timeframe. We are expecting price to respect the descending trend line and head to forming a new lower low. We took our entry on the 5min timeframe when we saw price in our 50% to 61.8% fibonacci retracement zone and touching our trend line.
Our trading plan goes as follows;
TP1: Close 50% of position and move SL to Breakeven. Remaining position is 50% and risk free.
TP2: Close 25% of remaining position and move stop loss to TP1. Remaining position is 25% and profit is secured.
TP3: Full take profit is realised.
Good luck and Happy Trading!!
Trade geschlossen: Stop wurde erreicht
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.