GBPCHF Stable Uptrend Trend Continuation Trade
1. Weekly Uptrend
2. Strong bullish momentum candles on Daily TF
3. Price above 200 MA
4. Price above 2 MA's
5. Structure HH-HL-HH-HL
6. 2% Risk - 4 x 0,5% with different stop loss placements, same take profit.
7. R:R min. 1,8:1, max. 5:1
8. Exit on structure break/strong reverse momentum candle
9. EMA (34) Trailing Stop Loss if candle closes below
10. BUY/SELL Indicator Confirmation
11. Trend Following Indicator Confirmation
Important levels ahead: 1.14500, 1.15000
No scalling out on levels, waiting to get to the take profit or exit at trailing sl.
1. Weekly Uptrend
2. Strong bullish momentum candles on Daily TF
3. Price above 200 MA
4. Price above 2 MA's
5. Structure HH-HL-HH-HL
6. 2% Risk - 4 x 0,5% with different stop loss placements, same take profit.
7. R:R min. 1,8:1, max. 5:1
8. Exit on structure break/strong reverse momentum candle
9. EMA (34) Trailing Stop Loss if candle closes below
10. BUY/SELL Indicator Confirmation
11. Trend Following Indicator Confirmation
Important levels ahead: 1.14500, 1.15000
No scalling out on levels, waiting to get to the take profit or exit at trailing sl.