USD/CHF Short Position
I've entered a short position on USD/CHF after price broke below the ascending trendline (green), which had been respected since October 2024. This breakdown signals a potential trend reversal, aligning with my bearish outlook.
đź”» Trade Details:
Entry: ~0.90060
Stop Loss: Above the descending trendline (red) at 0.91560
Risk Management:
TP 1 @ 0.89274 (Move SL to BE)
TP 2 @ 0.87856
TP 3 @ 0.86352
TP 4 @ 0.85142
This setup follows a structured risk management approach with partial take profits to lock in gains while letting the trade run.
đź”» Trade Details:
Entry: ~0.90060
Stop Loss: Above the descending trendline (red) at 0.91560
Risk Management:
TP 1 @ 0.89274 (Move SL to BE)
TP 2 @ 0.87856
TP 3 @ 0.86352
TP 4 @ 0.85142
This setup follows a structured risk management approach with partial take profits to lock in gains while letting the trade run.
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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.