USD/CHF Short PositionI'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.
🔻 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.