Took a Buy here with 1:3 Risk, Lot size 2 risking only 1.3% of the account!. Reasons for entry: -We obviously in an uptrend -Constellation before breaking up, seen that happen a lot. -Tight SL! -We got to reach that resistance up there! Already in profit! A risky trade if you ask me, why? Looking at bigger timeframes we are bearish! Specially on the daily! and...
Avoid chasing breakouts bcuz this is just ur POV of a parallel trend lines u drew ,, CJ has been gaining rapidly last few days , and so it has to drop back again if it wants to continue climbing for sure , i’ll try my first sell tmr @ 102.300 for target 99.500 and i’ll exit bcuz i believe it will go back up again , better save some profits, Again same setups...
USDCHF is at lower timeframe resistance and im expecting it to drop back down ….this is a ver small trade keep sl just above recent high