Update 2: Closed All position at 0.7585 ahead of weekend.
Profit= 0
Current Balance = $30 591.5
Update: Trade is active
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Trade 12: Pending Short CADCHF @0.7590
S.L @ 0.7630
T1 0.7525
T2 0.7465
For $29,211 Balance, Position size = 1.5 lot ~ 2% risk of capital
===========================================================================
Reasoning
Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Technician
Subscribe to my trading portal thefxchannel.com
Profit= 0
Current Balance = $30 591.5
Update: Trade is active
===========================================================================
Trade 12: Pending Short CADCHF @0.7590
S.L @ 0.7630
T1 0.7525
T2 0.7465
For $29,211 Balance, Position size = 1.5 lot ~ 2% risk of capital
===========================================================================
Reasoning
- Sideways range top
- Overbough and Bearish divergence on RSI
- Pin bars at resistance area
- Descending resistance
Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Technician
Subscribe to my trading portal thefxchannel.com