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elprimo8
Mar 8, 2020 10:27 PM

Breakout Idea in EURCHF Short

EUR/CHFOANDA

Description

EURCF breaking lower without any quality level of Demand for a while.
Looking to enter the breakout short with a max profit potential of 6 to 1 (Reward vs Risk)

Plan:
Safety Target 50% of the Profits
Final Target 50% of the Profits
Do not move Stop if Safety Target is not reached
Re asses trade 6 candles after entry (60 min each candle = 6 hours)
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