This is the daily chart of chfjpy.
It has completed a bat pattern in the daily time frame.
Price has broken below the PRZ yesterday, confirming the temporary bearishness.
I have entered short around 117.30.
PRZ 117.30
SL 119.60 (230)
TP1 114.40 (290)
TP2 112.20 (410)
This is a daily pattern, with wider stops and targets.
Do size your positions properly and do your own due dilligence.
Good luck and good trading!
It has completed a bat pattern in the daily time frame.
Price has broken below the PRZ yesterday, confirming the temporary bearishness.
I have entered short around 117.30.
PRZ 117.30
SL 119.60 (230)
TP1 114.40 (290)
TP2 112.20 (410)
This is a daily pattern, with wider stops and targets.
Do size your positions properly and do your own due dilligence.
Good luck and good trading!
Comment:
130 points and counting.
Will cover this trade if the market reverses and closes above the trendline.
130 points and counting.
Will cover this trade if the market reverses and closes above the trendline.
Comment:
Holding on to my shorts until this trendline is broken.
Trade closed: target reached:
TP1 at 114.45 hit.
Great run to 300 pips.
Already closed all my positions.
Great run to 300 pips.
Already closed all my positions.
Perfect fall on CHFJPY.
Enter when price breaks the lower support of the PRZ.
+100 pips and counting.