CHF/JPY H1 LONG - Basic Trendline Break
Reasons for setting buy orders:
- D1 support area + bullish candle (D1)
- H4 Divergence
- H1 break of nice trendline with strong impulse leg
We are waiting for retracement!
Keep it simple :)
Good Luck :)
Forex Swing Traders
- D1 support area + bullish candle (D1)
- H4 Divergence
- H1 break of nice trendline with strong impulse leg
We are waiting for retracement!
Keep it simple :)
Good Luck :)
Forex Swing Traders
Trade active:
In a trade + nice looking pin bar formed on H1
Trade closed: target reached:
First TP reached, a lot of momentum going on. 2 orders remaining. In case of any heavy bearish rejection price action i am going to trail stop loss to the breakeven.
Total risk on this trade was little less then 0.5%
TP1 generated +0.13%
Total open risk = 0.23%
Worst case scenario = -0.10%
Total risk on this trade was little less then 0.5%
TP1 generated +0.13%
Total open risk = 0.23%
Worst case scenario = -0.10%
Trade closed: stop reached:
Stopped out on last two orders. Small loss trade
