USD/CHF short on daily chart
SL = 0.98222
ENTRY = 0.97242
TP1 = 0.96262
Two positions with the same stop loss and x1.618 target for the first position
The stop loss of the second position to breakeven when the first position hits the target1.
The second position has no target, only exit
Risk= 2% of account capital (1% each position)
SL = 0.98222
ENTRY = 0.97242
TP1 = 0.96262
Two positions with the same stop loss and x1.618 target for the first position
The stop loss of the second position to breakeven when the first position hits the target1.
The second position has no target, only exit
Risk= 2% of account capital (1% each position)
Trade active:
TP1 target reached. The stop loss adjusted to breakeven
Trade closed manually