Long or Short: Short
Entry Point: 0.9220
Stop Loss: 0.9340
Profit Target/s: TP1: 0.91154, TP2: 0.89342
Reward-to-risk Ratio: TP1: 0.875:1, TP2: 2.38:1
Risk percentage: 2 positions equaling 2% of trading a/c
Indicators used: None. Using support/resistance and a price-action setup (2-bar reversal)
Trade Rationale: A large 2-bar reversal (bearish) has formed at a major resistance level.
Trade Adjustments: When TP1 is hit, move the other position to break-even, and let the trade run to TP2 or stop you out at break-even should a reversal occur.