Possible short on USDCHF

26 Nis 2019

After a possible Head and shoulders pattern, it's plausible that the pair will enter a strong downtrend, I placed a sell stop under the pattern neckline and used different levels (based on previous supports) to place the Take Profit, meanwhile, the Stop Loss is placed just over the head of the pattern. We can also notice that the price will probably brake also strong support (blue line) and this will initiate the downtrend.
So be sure to keep an eye open for USDCHF

2 May 2019

İşlem elle kapatılmış

Trade closed with +55 pips