Trade idea - CHFJPY Long
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.