Hello everyone, presenting an ACTIVE short setup on NZD/CHF 15-minute timeframe!
The core of this idea is the recent, decisive break of a key ascending trendline. This indicates that the bullish momentum has faded, and sellers are taking control.
The Plan:
Price has successfully pulled back into our predefined entry zone (~0.4920 - 0.4925) and activated our Short position. We are now actively in this trade with a Risk/Reward of 1:1.86, moving towards our targets!
Trade Parameters:
🛡️ Pro tips:
⚠️ Risk only 0.5~1% of your capital per trade.
📉 Secure 50% profits at TP1 and move your stop loss to the entry point (risk-free)!
If you enjoy my charts, hit Boost🚀👍, share views 🗨️, let’s crush markets! 💹✨
The core of this idea is the recent, decisive break of a key ascending trendline. This indicates that the bullish momentum has faded, and sellers are taking control.
The Plan:
Price has successfully pulled back into our predefined entry zone (~0.4920 - 0.4925) and activated our Short position. We are now actively in this trade with a Risk/Reward of 1:1.86, moving towards our targets!
Trade Parameters:
- Entry Zone: Marked on the chart (~0.4920 - 0.4925, retest of broken trendline)
- Stop Loss (SL): Marked on the chart (~0.4936, above recent swing high)
- Take Profit (TP) Targets: Multiple levels marked on the chart.
🛡️ Pro tips:
⚠️ Risk only 0.5~1% of your capital per trade.
📉 Secure 50% profits at TP1 and move your stop loss to the entry point (risk-free)!
If you enjoy my charts, hit Boost🚀👍, share views 🗨️, let’s crush markets! 💹✨
Trade closed: stop reached
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.
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.