GBPCHF SS Short + 90 Pip Potential

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.2962
Stop = 1.2982
Risk = 20 pips
Profit target = 1.2872 ( The projected daily low )
Reward = +90 Pips
RRR = 4.5-1
2nd Entry = 1.2937
Stop =1.2967
Risk = 30 pips
Profit target = 1.2872 ( The projected daily low )
Reward = 65
RRR = 2.1 -1

Dagangan aktif:

This trade has been triggered and is now Active :)

Dagangan ditutup secara manual:

Although this pair broke out strong, it has lost it's momentum. I will play it safe and close it for a 5 pip gain.