GBP/CHF
Updated
market is hovering at the top of the decending channel. looking for a break of this structure and looking to take profit around the top of the channel which is almost at the daily trendline. R/R 3:1 risking 1%.
Trade active
trade activeTrade closed: stop reached
Note
Stop loss hit before turning around. Next time will increase Stop loss which will reduce risk to reward but still only using 1% risk. I move on to the next trade.
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.