EURCHF LONG
EURCHF, I drew 2 boxes for a buy, the big box is the entry on H4, and the small box is the entry on H1. Entry on H1, I placed an open pending at 1.1077, stop loss 1.1052. 2 positions, 1:1 and 1:4 ratio. the reason I placed an open pending on H1 instead of H4 is that on H4 we don't have a confirmation to enter, here is a clear confirmation on H1
Trade closed: stop reached
So EURCHF reached the stop loss, and decided to take me out by a few pips on H4 because she decided to retrace on a daily and she is continuing now to her destination on a buy..
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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.