A short position on GBPCHF with a risk/reward ratio (RR) of 1:4. This trade anticipates the Swiss franc (CHF) appreciating against the British pound (GBP), suggesting that the GBP/CHF exchange rate will decline. The trader is taking a calculated risk, with the potential for a profit four times the amount of the risk taken. This approach reflects a risk-managed strategy, aiming for significant gains relative to the possible loss.
Trade closed manually
ClosedDay candles are not beautiful
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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.