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CHF/JPY, DAY CHART, LONG (11-DEC-2016)

已更新

Note:
This pair already break the current support zone
at 112.x area.
Recently there is a pullback sit on support zone
and a bullish signal appeared! It is a 2B Reversal.

We are BULLISH on this pair

There are 2 ways to trade:
1. Long this trade now with R/R of 1:1 for TP1 a
nd R/R of 1:2.8 for TP2.
Or can use H4 or H1 chart to buy at dip

2. Wait the price fall back to the support zone.
Long this trade when there is a bullish signal appeared.
Can trade with right lot size.
And it is a less risk high return trade!

Caution on the CHF Libor Rate on Thursday. Volatility is expected!
Fundamentally, JPY is still weak among most of the positive outlook on economy.

TP1 can put at the next resistance zone and TP2 can put at next next resistance zone.

Trade with right risk management and psychology skills :)

交易开始

Zoom into H4 Chart, the price pullback to 20-EMA and there are 2 bullish bars bounce back.

We remain bullish on this trade.

EP: 113.852
SL: 112.100
TP: 118.596

Caution on the Thursday FOMC and Libor Rate :)
Caution on the immediate resistance line at 114.77x

交易开始

The pair is moving up as per our price action analysis.

Due to upcoming Libor Rate announcement any profit taking from FOMC.

We decided to move our SL to Breakeven SL now.

Trade Safely, protect your capital is the most important :)

交易开始

Moving SL to 114.215 to secure some profit and let's it continue running :)

交易手动结束

Decided to close with profit of 93 pips now.
As we don't want to carry trade over the weekend :)