GBP/CHF SELL TRADE
Updated
With a break of trend line, a cross of the 15SMA and 5EMA and momentum indicator below the 14MA, there is a fair chance of a move down from here. The MACD has crossed but the lines are very close together due to recent positive and negative price movements. I have started a SELL trade so hope to see some downward movement in the coming days.
Trade active
Move stop to break even / small profitTrade closed: stop reached
Moving stop to break even, helps when the market moves against you. It's a good habit to get into. Even if you might lose out on some deals that stop you out then move in your favoured direction, it's a good money management habit.
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