QuileHills

AUDCHF Downward from Structure Trade Management

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OANDA:AUDCHF   Dólar Australiano/Franco Suíço
I hopped in on an AUDCHF short last week due to structural resistance on the weekly charts. I've closed part of the position now and moved the original SL to just below BE. I've also put a second order in to grab a bearish continuation at a flag breakout as shown. The pending order is the same lot size as the recently closed part of my original order but with lower risk making a small amount of profit guaranteed creating a virtually risk free continuation trade.

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