AUD/CHF has formed nice 2nd 123 setup on strong structure!
Reasons for short are on chart, While writing this idea price already droped quiet a while...So you might have late entry... For engulfing pinbar you should check it by yourself because on this idea chart is not visible so much!
Stop loss is set to 1.5 ATR. 1st take profit is set to retest 2nd one to FE 127.2 and structure 3rd one to FE 161.8 and structure
Wish you best of luck! FX Protector
Trade active
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My entry 87.691454 I expected stronger momentum to the downside!
Trade closed: stop reached
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Stop loss got hit, just for a little. This is part of the game :)