(J) Trade 10: Reactive short of resistance #Forex

Update: Stopped Out.
Profit= -293.74-293.74= -$587.48
Balance= 29 798.94- 587.48 = $ 29 211.46
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Trade 10: Pending Short GBPCHF @1.4683
S.L @ 1.4775
T1 1.4552
T2 1.4468

For $29,798.94 Balance, Position size = 0.6 lot
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Reasoning

• Failed to hold above previous high and resistahce area around 1.4700 area
  
• 200-days SMA is forming potential resistance
  
• Breakdown back below long-legged candle low.
  

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