My idea for the USD/CHF pair is as follows: We can observe the formation of higher highs (HH) and higher lows (HL). Currently, the price appears to be in a downtrend that retraced and absorbed an imbalance. This scenario could potentially lead to a continuation of the downtrend.
To calculate a 1% stop loss of your balance, you use a lot size calculator. RR: 1:1.49
Trade closed manually
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The trade was closed at a price of 0.88171, which results in a loss of 0.54%. To calculate a 1% stop loss of your balance, you use a lot size calculator.