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DACapitalTrading
Jun 4, 2018 9:02 AM

CHFJPY - SETUP - WEEKLY CONTINUATION - 4 JUNE Long

Swiss Franc/Japanese YenFXCM

Description

WELCOME TO DACAPITAL TRADING!!


EURUSD just started moving as expected, quick Timeframe breakdown for free and everybody.


4 HOUR
Strong price action above previous week resistance

DAILY
Explosive daily price movement, very strong buyers pressure

WEEKLY
Forming new weekly highs, following mid term trend after taking out 108.500 Key Level

LEVELS
Long @ 111.193
SL @ 110.843
TP1 @ 111.556
TP2 @ 111.744
TP3 @ 111.917
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!


Enjoy our limited Free Content and Setups,
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DACAPITAL TRADING

Trade active

Trade closed: stop reached

-35 pips market turned
Comments
BACapitalManagement
I love this style of trading. Keep up the great work!
DACapitalTrading
@a.FX, Thank you very much!
Neujahrs
agree with direction
DACapitalTrading
@Neujahrs, yeah direction is right but unlucky sl level :p
Neujahrs
@DACapitalTrading, i dont know why ,but the daily range is to big on main currencies.Last year it was 20-30 pips of movement in the one direction ,but now it can be 50 or 70 pips up and down.Now it is way more harder to catch nice entry.
DACapitalTrading
@Neujahrs, You need to know the psychology behind the market then its easy to have good entrys
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