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faithintrade
Mar 1, 2021 5:29 PM

NZDJPY PRICE TRAP 1HR tf 

NZD/JPYOANDA

Description

NZDJPY 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: 77.770
TP1: 78.065 (29 pips)
TP2: 78.521 (75 pips)
TP3: 79.200 (143 pips)
SL: 77.445 (33 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: 76.848
TP1: 76.629 (22 pips)
TP2: 76.266 (58 pips)
TP3: 75.934 (91 pips)
SL: 77.269 (42 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 closed: stop reached

Literally wicked SL going to reenter

Trade active

buy

Trade closed: target reached

TP1
Comments
shugarfx1106
great
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