2018May18 USDCHF H1 Trend Reversal
USDCHF has been on an uptrend since February 16. I see a descending triangle and there is a red candle breaking and closing below the horizontal support. Price entry is guided by the candle close at 0.99856. Stop loss is based on ATR x 2 while the take profit level has the same number of pips by default.
Trade Setup: Trend Reversal
Price Entry 0.99856
SL 1.00156 | SL pips 30.0
TP1 0.99556 | TP1 pips 30.0
RRR1 1.00
Status/Remarks: TP1 hit! :)
Trade Setup: Trend Reversal
Price Entry 0.99856
SL 1.00156 | SL pips 30.0
TP1 0.99556 | TP1 pips 30.0
RRR1 1.00
Status/Remarks: TP1 hit! :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.