USD/CHF short on daily chart

By mgian65
Updated
USD/CHF short on daily chart

SL = 0.98222
ENTRY = 0.97242
TP1 = 0.96262

Two positions with the same stop loss and x1.618 target for the first position
The stop loss of the second position to breakeven when the first position hits the target1.
The second position has no target, only exit
Risk= 2% of account capital (1% each position)
Trade active
TP1 target reached. The stop loss adjusted to breakeven
Trade closed manually
Chart Patterns

Disclaimer