2018Nov28 AUDCHF H4 Double Top-2618

27 Kas 2018

AUDCHF has been on a recent downtrend and formed a double top with broken neckline. There is also an RSI bearish divergence. I am placing a sell limit order at the 61.8 Fibonacci retracement level of the right top to the swing low. The stop loss is just above the right top while the take profit target is at the swing low. I will cancel the pending order if price does not retrace to my entry level before going to TP1. Trade details are as follows:

Trade Setup: Double Top-2618
Price Entry 0.72340
SL 0.72628 | SL pips 28.8
TP1 0.71984 | TP1 pips 35.6
RRR1 1.24

4 Ara 2018

İşlem kapandı: durdurma seviyesi

SL hit! (November 28)