AUDCHF: Quick Counter-trend Short
Update: Missed entry
A simple counter trend short setup, on a pin bar rejection and Bearish divergence on momentum. Entry is a bit higher at 0.8305, for a better risk-reward.
Good Luck, join me at :
twitter.com/thefxchannel
thefxchannel.com
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Still Active Trades:
tradingview.com/v/wjQe3y0k/
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game ;)
A simple counter trend short setup, on a pin bar rejection and Bearish divergence on momentum. Entry is a bit higher at 0.8305, for a better risk-reward.
Good Luck, join me at :
twitter.com/thefxchannel
thefxchannel.com
-------------------------------------------------------
Still Active Trades:
tradingview.com/v/wjQe3y0k/
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game ;)
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