faithintrade

CHFJPY PRICE TRAP 1HR tf

faithintrade Updated   
OANDA:CHFJPY   Swiss Franc / Japanese Yen
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
Trade active:
TP1 SMACKED

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