EURCHF | Short H1 | Market Exec | Taking a Safe Haven Trade

Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 & D1 time-frame
- Price action is at a Consolidation/Supply area
- Price action may reverse towards the lower Consolidation/Demand area


Suggested Trade:
Entry @ Area of Interest 0.9815 -0.9835
SL @ 0.9879
TP 1 @ 0.9767 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 0.9707
Risk-to-Reward @ Approx. 2.00 (Depending on Entry Level)

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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.

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Yorum:

TP 1 achieved. Take profit on half the position & move the SL to Breakeven Levels.

Enjoy the remaining risk-free trade.

:D