This is not an ideal structure actually, but I think this is the best price to sell NZDCHF, with SL can be very tight
Sell at Market
SL Above the Red Line
TP at Blue Box
My target only 2R profit and get out
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bearish structure still valid
6. etc
No Profit Guarantee, Good Luck!
Sell at Market
SL Above the Red Line
TP at Blue Box
My target only 2R profit and get out
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bearish structure still valid
6. etc
No Profit Guarantee, Good Luck!
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