CHFJPY PRICE TRAP 1HR tf
Updated
CHFJPY Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 117.768
TP1: 117.997 (23 pips)
TP2: 118.217 (45 pips)
TP3: 118.514 (75 pips)
TP4: 118.857 (109 pips)
SL: 117.445 (32 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 117.032
TP1: 116.852 (18 pips)
TP2: 116.540 (49 pips)
TP3: 116.267 (77 pips)
SL: 117.328 (29 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 117.768
TP1: 117.997 (23 pips)
TP2: 118.217 (45 pips)
TP3: 118.514 (75 pips)
TP4: 118.857 (109 pips)
SL: 117.445 (32 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 117.032
TP1: 116.852 (18 pips)
TP2: 116.540 (49 pips)
TP3: 116.267 (77 pips)
SL: 117.328 (29 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
Trade active
TP1 SMACKED
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