GBPCHF Short after breakout and retest of major trend structure, some lower highs and lower lows.
1. Counter trend trade (Reversal of major trend)
2. Price broke 200 MA on lower TF
3. Strong sell-off on Daily TF
4. Structure LH-LL-LH-LL
5. Before PSAR Signal for Short Entry
6. Entry on Pullback on M15
7. 2% Risk, 3:1 R:R
8. In case of no breakout confirmation during london session or no volatility - exit around 4 PM.
9. Exit on reverse momentum candle/strucuture break to the upside
1. Counter trend trade (Reversal of major trend)
2. Price broke 200 MA on lower TF
3. Strong sell-off on Daily TF
4. Structure LH-LL-LH-LL
5. Before PSAR Signal for Short Entry
6. Entry on Pullback on M15
7. 2% Risk, 3:1 R:R
8. In case of no breakout confirmation during london session or no volatility - exit around 4 PM.
9. Exit on reverse momentum candle/strucuture break to the upside