GBPCHF 240 short opportunity – double top

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 attivo:

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

Commento:

Trade chiuso manualmente:

Manual close - PA hesitated at SR @1.19490, RSI is oversold
Approx $9.19 win

Small win > big loss