JD_FX

Short order on Gbp/Chf

Short
OANDA:GBPCHF   British Pound / Swiss Franc
Setting up a sell order on Gbp/Chf .
Price is reaching a daily resistance and the price is speculating around the range point
Placing a tight SL as I think if it breaches the entry point then the trend is probably breaking out
Stochastic is indicating the market is overbought

Entry 1.22183
SL 1.22840
TP1 - 1.19650
TP2 - 1.18079
Comment: Trade is taking a bit of time to enter....

Also, I have extended the stop loss as it was a bit tight...
Comment:
Comment: SL now 1.23328
Trade active: Order is new open