Short Opportunity - CHFJPY

Two promising Sell signals on CHFJPY, 12hr timeframe! I am confident with my entries, largely thanks to my new indicator :) (linked in related ideas).

Sell Opportunity.

Will update as market plays out!

- The_Lucrative_Lifestyle

Comment:

Previous signals in screenshot, from left to right. All successfully closed with pip gains as followed:

SELL - 40.5 pip gain
BUY - 110 pip gain
BUY - 114 pip gain
SELL - 23 pip gain
SELL - 51 pip gain
BUY - 8 pip gain
SELL - 30 pip gain
SELL - 28 pip gain
SELL - 34 pip gain
SELL - 30 pip gain
SELL - 8 pip gain
BUY - 53 pip gain

Total pip gain: 529.5 pips!

Trade closed: target reached

Comment:

I often don't set tight take profits, as I don't like the idea of capping my upside. However, I did in this case and it paid off very nicely.

Both sell signals hit my take profit of 40 pips, successfully exiting the trades before price bounced back to entry.

A solid 80 pip gain! Again, successful trades!