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British Pound / Swiss Franc
Short
Updated

GBPCHF 240 short opportunity – double top

47
Nice double top shaping up at the possible LH in the DT since 5 May 2019. I’ll be looking for break and close below the RSI trendline and the PA trendline.


Trade active
Trade entered:
* Break and close below RSI trendline
* Break and close below PA trendline

=> SL 10 pips above LH
=> Set SL to BE at 1.19045
=> Final TP @ 1.17913, RtR = 1.5
Note
snapshot
Trade closed manually
Manual close - PA hesitated at SR @1.19490, RSI is oversold
Approx $9.19 win

Small win > big loss
snapshot
DocWonmug
Centered OscillatorsSupport and ResistanceTrend Lines

Disclaimer

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.
Centered OscillatorsSupport and ResistanceTrend Lines
DocWonmug

Disclaimer

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.