CHFJPY low risk opportunity for 1:7 win ratio SHORT
Hello traders,
This idea is based on the fact the price is close to psychological level where it might reverse and early birds will benefit with low risk ratio 1:7 as shown, also notice RSI and weekly/monthly price channel - we are still waiting for a 'proper' correction and touching EMA 200 as shown
Remember- thsi is just an idea not a trading advise always protect your trade with a s/l you can handle, good luck
This idea is based on the fact the price is close to psychological level where it might reverse and early birds will benefit with low risk ratio 1:7 as shown, also notice RSI and weekly/monthly price channel - we are still waiting for a 'proper' correction and touching EMA 200 as shown
Remember- thsi is just an idea not a trading advise always protect your trade with a s/l you can handle, good luck
Trade active
160- nearly there!Trade active
as long as the candle body is within my s/l zone the trade is activeTrade closed: stop reached
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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.
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.