Hi all,
Today the CADCHF has hit the trendline.
This is a good entry for a short position.
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INFO ON THIS TRADE
Entry: 0.747 (current market price)
Stoploss 0.7605
Target 1: 0.724 (Risk:Reward = 1 : 1.5)
Target 2: 0.699 (Risk:Reward = 1 : 3.34)
When being 100 pips in profit, move stoploss to breakeven or above recent structure.
Best of luck!
Today the CADCHF has hit the trendline.
This is a good entry for a short position.
-----------------------------------
INFO ON THIS TRADE
Entry: 0.747 (current market price)
Stoploss 0.7605
Target 1: 0.724 (Risk:Reward = 1 : 1.5)
Target 2: 0.699 (Risk:Reward = 1 : 3.34)
When being 100 pips in profit, move stoploss to breakeven or above recent structure.
Best of luck!
Trade active
Comment:
Target 1 hit. Moved stop to entry point.
Trade closed: stop reached:
Stopped at entry.
