The short opportunity on CHFJPY has been long anticipated. For the week I entered three times. On the first two trades, I moved my stop loss to breakeven at the earliest opportunity in order to preserve my capital since price was bouncing off the 4HR trendline. On the third time, I waited for price to break below the 4HR support.
Please perform your own trade analysis and practice proper risk management. Feel free to like this idea and leave a comment.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.