Potential bearish Cypher USDCHF 4H
Set an aggressive sell limit order at 0.93509
Stop loss set at 0.94043
Take profit 1 is at 0.93159
Take profit 2 is at 0.92955
If TP1 is hit I will roll stop loss to break even for TP2
Set an aggressive sell limit order at 0.93509
Stop loss set at 0.94043
Take profit 1 is at 0.93159
Take profit 2 is at 0.92955
If TP1 is hit I will roll stop loss to break even for TP2
Trade closed: target reached
Target 1 hit after (adjustment due to extending D leg) at 0.93353.Half position sized closed (0.5%) and SL moved to break even for risk free trade.
Position subsequently missed TP2 and hit my break even stop loss
+0.15R trade
Trade closed: stop reached
Second half of position stopped out for break even.
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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.