Taking a $100k account challenge. Trade #1 - USDCHF Short

Hey all!

I wanted to share my journey for a funded account. This is my first trade, a USDCHF short.

Entry

Trade description:

A very well-defined bearish channel that continued to hold the structure. Recently it broke the last lows, to then form a pullback to test the breakout.

When the market started to interact with the newly-formed resistance, price action showed rejection, supporting the presence of supply, so a short trade was taken.

TP1 is set to the last lows, and TP2 is open with a trailing SL setup. Risk management is a standard 1% per trade.