USD/CHF SHORT - Descending Channel/Shooting Star 4HR & Daily

An evening star has been formed on the Monthly time frame, a shooting star has been formed on the daily time frame pushing to get below support, the price has bounced from the descending channel's upper bound, tried to go back up on the 4HR but got pushed back down to form a shooting star. I'm expecting another retest of the 4HR support level at least for the short term.

TP @ 0.98826
SL @ 0.9943
R/R @ 1.5

Trade closed: stop reached

Comment:

SL was too tight.

Comment:

SL wasn't too tight. Massive spikes in price.