CHFJPY 1H — Bearish Setup | 0.25% Risk | 1:2 RR

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CHFJPY 1H — Bearish Setup | 0.25% Risk | 1:2 RRCHF/JPYOANDA:CHFJPYMunawwar2521CHFJPY 1H — Short Setup 📊 Market: CHFJPY ⏱ Timeframe: 1H 📌 Direction: SHORT 🎯 Risk: 0.25% ⚖️ Risk/Reward: 1:2 SETUP: Price has made a strong bullish move and is currently showing signs of rejection/consolidation near the recent high. I am looking for a short setup from the marked area. ENTRY: 196.460 STOP LOSS: 196.617 TAKE PROFIT: 196.013 TRADE MANAGEMENT: Risk is limited to 0.25% of the account. The trade will be closed at SL or TP. No revenge trading and no moving the SL unnecessarily. This is my personal trading analysis and journal entry, not financial advice. I will update this idea after the trade is completed.