EUR/CHF: Shorting at the top of the range
Updated
Hi guys,
I am shorting the pair which is stuck in a range since a few days now.
Stochs and RSI indicate bearish divergence as well.
The R/R ratio is 2 for this trade. The target is at 50% fib retracement between the top and the bottom of the range.
Trade with care.
Best,
Jesse
I am shorting the pair which is stuck in a range since a few days now.
Stochs and RSI indicate bearish divergence as well.
The R/R ratio is 2 for this trade. The target is at 50% fib retracement between the top and the bottom of the range.
- I entered @ 1.09377
TP @ 1.09070
SL @ 1.09525
Trade with care.
Best,
Jesse
Trade closed: stop reached
Comment
My entry point was too low I am entering short again
with a stop @ 1.09650
and same target, @ 1.09070
I think it's a fakeout of the range.
Trade with care.
Cheers,
Jesse
Related publications
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.