A sell stop order on the GBPCHF.
Updated
Selling because price is below both the LWMA and EMA (20 periods and there was a recent test of those MAs.
Moreover price is expected to move down soon.
Risk is 1% per trade.
Dont risk more than 2% of your capital Taking this trade is at your own risk and you agree to carry all the liabilities that comes with it.
Trade your backtested strategy that meets your lifestyle
Moreover price is expected to move down soon.
Risk is 1% per trade.
Dont risk more than 2% of your capital Taking this trade is at your own risk and you agree to carry all the liabilities that comes with it.
Trade your backtested strategy that meets your lifestyle
Note
Trade is keeping longer than expected but don't worry. Remember that the market doesn't move according to ones expectations.Also, there is always a great fight between buyers and sellers before a change in direction.
When it falls, it will fall faster than you can imagine.
Note
First target has been hit. Moved the second target to breakeven. (0.3 of stoploss)Enjoy your gain.
Trade closed: target reached
Second target hitSit back and enjoy
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