USDCHF setting up for a double top

anteayer

This setup is coming along. Look for pair to double top. Entry is dealer's choice. For me, it is a limit sell order with known RRR. If this thing goes the way the indications forestall, it can very well 10x the initial 1R

[1 R is a unit of measure. That is your capital at risk. Look for trades such as this short that potentially gain several R per 1R risked.] Enjoy.

anteayer

Operación activa

Trade is in place. Limit sell order triggered. Sitting on $100 profit so far. Profit target is $3500

anteayer

Orden cancelada

This is not moving the way it needs to move. I am looking to close the position for as small a loss as I can. I will take a loss on this. I am getting out. The blue line is the way I had expected the pair to move. And it is clearly going off script. So, I am out.

I will keep track of it for when the proper set up is back in play.

GG