CHFJPY
Why are we entering?
- Expecting JPY strength and CHF weakness
- Expecting price to reject our trendline & structure level
What are we waiting for to happen?
- Rejection from trendline & structure level
- Break of Possible RISK trendline & DAILY EMA
Entry
SAFE Entry: Rejection of trendline & structure level & break of possible RISK trendline
Risk Entry 1: Rejection of trendline & structure level
Risk Entry 2: Early break of possible RISK trendline
Once entered, where will our Stoploss be?
- Above the trendline (above 133.75 ) 30 pips
Where do we take profits?
- Secure profit multiple times along the way (30 pips, 60 pips, 120 pips, 200 pips)
- First TP: 130.85 (260pips)
- Second TP: 126.85 (660pips)
Why are we entering?
- Expecting JPY strength and CHF weakness
- Expecting price to reject our trendline & structure level
What are we waiting for to happen?
- Rejection from trendline & structure level
- Break of Possible RISK trendline & DAILY EMA
Entry
SAFE Entry: Rejection of trendline & structure level & break of possible RISK trendline
Risk Entry 1: Rejection of trendline & structure level
Risk Entry 2: Early break of possible RISK trendline
Once entered, where will our Stoploss be?
- Above the trendline (above 133.75 ) 30 pips
Where do we take profits?
- Secure profit multiple times along the way (30 pips, 60 pips, 120 pips, 200 pips)
- First TP: 130.85 (260pips)
- Second TP: 126.85 (660pips)
Want more chart ups like this? Click the links below:
VIP Telegram: t.me/MMFX_VIPbot
FREE Telegram: t.me/MMFX_FREE
Instagram: www.instagram.com/mmfx__j/
VIP Telegram: t.me/MMFX_VIPbot
FREE Telegram: t.me/MMFX_FREE
Instagram: www.instagram.com/mmfx__j/