CHFJPY - TRIPLE TOP + DAILY PINBAR! - SWING SELL
CHFJPY has formed a triple top pattern on daily timeframe and ended the last previous trading session with a daily pinbar, indicating a reversal.
This is a swing sell with great Risk:Reward ratio.
SL (red line) and TP levels (black lines) as indicated in the chart. Entry will be posted in a lower timeframe in the comments section.
Feel free to comment and give a like!
This is a swing sell with great Risk:Reward ratio.
SL (red line) and TP levels (black lines) as indicated in the chart. Entry will be posted in a lower timeframe in the comments section.
Feel free to comment and give a like!
Trade active
Comment:
4-hour chart update: First inside bar already broke down to the downside. Another inside bar has formed, if it breaks again downward, another opportunity to sell.
Comment:
Running in small profit now. Keep holding. More downside expected.
Comment:
+80 pips profit. Move SL to breakeven. Will be updating this chart for possible re-entries. There’s more downside coming. :)
Comment:
+100 pips, secure some profit and keep holding!
Comment:
Less than 30 pips away from TP. If you followed, you can manually close now with about 180 pips profit.
Trade closed: target reached:
TP 1 hit.You can also keep holding until TP2.
ENTRY: 117.40-50
SL and TP as shown in the chart above.