Time to take profit for EURCHF trade position
Entry Comment:
- Stochastic D1/H4/H1/15mins multi time-frame was below 10 level or in oversold area.
- Market failed to break the April 16, 2020 lowest price.
- And did break the previous Hourly high.
Stop: Automatic 1% stop loss or when price back below the previously Hourly low.
Target: At least more the 5% profit or when stochastic indicator tells tat the price is now on the overbought area.
Result: 8.19% profit.
Comments: Taking 8.19% profit for this month is not a bad idea after all. Leaving the other trade position using the D1 stochastic indication, waiting until it reaches the overbought area.
