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AhKeongTheTrader
Nov 28, 2021 11:36 PM

EURCHF - Trend Continuation Short

EUR/CHFOANDA

Description

Market structure: Downtrend, Short bias
Setup: Trend continuation
Trend continuation candlestick pattern: Bear flag, tight consolidation

Entry: notice there a tight consolidation around 1.04360 and price support by 20MA
Stop loss: 1 ATR stop loss at swing swing high 1.05420
Take profit: will trail using 5 ATR stop Loss

Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.

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