CHFJPY SHORT 4 HR BREAK AND RETEST TRADE SETUP

By jojofang0901
Updated
Hi Traders:

Spot this quick short opportunity on CHFJPY, as 4 HR chart broke down support trend line,
looking for a retest @ 113.20, 50 EMA, 0.382 fibs, and main pivot to short, MACD Divergence.

Target 1: 112.80 (1% Profit)
Target 2: 112.25 (2.83% Profit)

Thank you for your support and feedback.

Trade: #37
Date: 03/20/2017
Time: 07:00 GMT
Trade active
Daily Chart:

snapshot

Weekly Chart:

snapshot
Comment
Target 1 Hit, 1% Profit, move stop loss to break even entry price.

snapshot
Trade closed: target reached
Result: 1% Profit

Date: 03/21/2017
Time: 01:00 GMT

snapshot
jojofang0901

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