asferruzzi
Short

EURCHF pin bar short opportunity

FX:EURCHF   Euro / Swiss Franc
25 0 3
Price is trending down on the 4 hour time frame, higher time frames show price ranging. Recent pullback to the previous support area of this downtrend which also touched the 50% fibonacci area. Nice bearish pin bar has formed. My entry is normally half way of the pin bar so in the case price is already close to half way so I am placing a market entry. Stop loss is well above the previous support and the profit target is set for the previous resistance area . Risk to reward is 3.7.
Trade closed: target reached: target reached and I wasn't awake to extend to the profit target. Risk to reward is 1:3
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out