EURCAD PRICE TRAP 1HR tf
Updated
NZDJPY 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: 1.49176
TP1: 1.49571 (40 pips)
TP2: 1.49908 (73 pips)
TP3: 1.50294 (112 pips)
TP4: 1.50590 (142 pips)
SL: 1.48470 (30 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: 1.48076
TP1: 1.47836 (24 pips)
TP2: 1.47554 (52 pips)
TP3: 1.47358 (72 pips)
SL: 1.48373 (30 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: 1.49176
TP1: 1.49571 (40 pips)
TP2: 1.49908 (73 pips)
TP3: 1.50294 (112 pips)
TP4: 1.50590 (142 pips)
SL: 1.48470 (30 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: 1.48076
TP1: 1.47836 (24 pips)
TP2: 1.47554 (52 pips)
TP3: 1.47358 (72 pips)
SL: 1.48373 (30 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
Note
EURCAD SL MODIFY 1.48876
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