I hopped in on an AUDCHF short last week due to structural resistance on the weekly charts. I've closed part of the position now and moved the original SL to just below BE. I've also put a second order in to grab a bearish continuation at a flag breakout as shown. The pending order is the same lot size as the recently closed part of my original order but with lower risk making a small amount of profit guaranteed creating a virtually risk free continuation trade.
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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.