POSSIBLE CHFJPY SET UP
Updated
CHFJPY IS GOING TO HIS RESISTANCE LEVEL @ 118.500 (PERFECT SELL ENTRY)
SO I'M OPENING A SELL POSITION @ 118.500
MY TAKE PROFIT 1 WILL BE AROUND 116.400 (110 PIPS)
TP 2 @ 114.00
FUNDAMENTALS:
-THUESDAY: EUR -> ECO FIN MEETING (WHOLE DAY) + GERMAN ZEW + JPY TRADE BALANCE
-THURSDAY: EUR -> MONETARY POLICY MEETING
FRIDAY -> EUR -> PMI COMPOSITE
SO I'M OPENING A SELL POSITION @ 118.500
MY TAKE PROFIT 1 WILL BE AROUND 116.400 (110 PIPS)
TP 2 @ 114.00
FUNDAMENTALS:
-THUESDAY: EUR -> ECO FIN MEETING (WHOLE DAY) + GERMAN ZEW + JPY TRADE BALANCE
-THURSDAY: EUR -> MONETARY POLICY MEETING
FRIDAY -> EUR -> PMI COMPOSITE
Note
70 pips running in profitNote
120 pips running currently, sl = risk freeNote
208 pips running, 50% secured
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