CHF-JPY

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Weekly Structure - Sideways

Daily Structure - Uptrend

On 1 hour time frame we are reaching another touch on the uptrend trendline. The price could now go up until 113.000 (strong resistance level)

TP1 - 112.500
TP2 - 113.000
SL - 111.720

R/R - 3.8

Good Luck !!!

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ملاحظة

You can move stop loss to break even

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ملاحظة

Trade closed at break even.

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ملاحظة

I Have re-entered the trade.

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ملاحظة

Trade Closed. Stop Loss hitted, however I believe in this trade and have entered again, there was a false break out which means that it came back to the trendline and could go up to reach the target.

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ملاحظة

If you have entered into the trade again you can move stop loss to entry.

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ملاحظة

You can now close 50% of the trade and let it run the rest.

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ملاحظة

Trade 1 Closed at Break even
Trade 2 Stop Loss - 39 Pips Loss
Trade 3 Profit Reached - 102 Pips Profit