Trade idea - CHFJPY Long
Updated
4H
Corrective approach towards entry zone / Bull Flag.
-68 Fibonacci completion aligning with entry zone.
= Confirmation to place buy limit.
1.5% risk.
Aiming to take profit at Daily TP.
Corrective approach towards entry zone / Bull Flag.
-68 Fibonacci completion aligning with entry zone.
= Confirmation to place buy limit.
1.5% risk.
Aiming to take profit at Daily TP.
Note
MONTHLY
Bullish M pattern can potentially be in play.
Clear support & resistance zone is there.
Note
WEEKLY
Uptrend making HHs / HLs.
Market is coming from a strong support & resistance zone.
Sell zone is there as well where Bears can be powerful, keep in mind.
Note
DAILY
Bullish M pattern can play out.
Clear support & resistance zone is there.
Order cancelled
Chairman Schlegel speaks in 20 mins. Buy limit removed.Trade active
Buy limit order set again. Active.Note
Risk free!Trade closed: stop reached
Out at break even.
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