AUD/CHF: Watching for the Perfect Resistance Test
For this setup, I’m only looking to sell if price moves into the marked resistance zone (~0.57592). Patience and discipline are key—no zone, no trade.
📉 Market Context:
The bearish structure is intact, with lower highs and lower lows showing sellers are in control.
The marked resistance zone (~0.57592) is a critical area to watch for rejection.
Stop-Loss: Set at 0.57984, above the resistance zone, to invalidate the setup.
Target: Aiming for the support level at 0.56833, the next major area of interest.
🎯 Risk Management:
Risking 1% of capital on this trade to ensure proper account management.
Position size will be calculated based on the entry, stop-loss, and the 1% risk rule.
🧠 Psychology Tip: "Discipline in risk is non-negotiable." 📌 No matter how good a setup looks, risking more than you planned is a fast track to inconsistency. Stick to your 1%, and let probabilities do the heavy lifting.
📉 Market Context:
The bearish structure is intact, with lower highs and lower lows showing sellers are in control.
The marked resistance zone (~0.57592) is a critical area to watch for rejection.
Stop-Loss: Set at 0.57984, above the resistance zone, to invalidate the setup.
Target: Aiming for the support level at 0.56833, the next major area of interest.
🎯 Risk Management:
Risking 1% of capital on this trade to ensure proper account management.
Position size will be calculated based on the entry, stop-loss, and the 1% risk rule.
🧠 Psychology Tip: "Discipline in risk is non-negotiable." 📌 No matter how good a setup looks, risking more than you planned is a fast track to inconsistency. Stick to your 1%, and let probabilities do the heavy lifting.
Pesanan dibatalkan
Sentiment is bullish
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.