USDCHF Shorts based on timeframe agreement and price action
Trend-based trade based on:
* yesterday's reversal candle finding resistance at a strong level
* the price having moved passed the low of yesterday's candle
* the price appearing over-bought on the higher timeframes e.g. interactions with upper linear regression channel
* lower timeframes starting to show signs of lower lows and lower highs
* stoploss above yesterday's high
* initial take profit at 1:1 reward-to-risk
* yesterday's reversal candle finding resistance at a strong level
* the price having moved passed the low of yesterday's candle
* the price appearing over-bought on the higher timeframes e.g. interactions with upper linear regression channel
* lower timeframes starting to show signs of lower lows and lower highs
* stoploss above yesterday's high
* initial take profit at 1:1 reward-to-risk
Trade chiuso: obiettivo raggiunto
Closed out profit at 1:1 risk:reward.
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