Trade Reference Number: 4407
DO NOT ENTER UNTIL CONFIRMATIONS HAVE BEEN MET!
We are currently waiting for the hourly candle on CHFJPY to retrace to our 109.357 handle (orange box), once price reaches level and rejects off it creating a bearish hourly candle we will make our entry. We will have 2 take profits in place for this trade, the first will be at 108.993 (0.34%) and the second at 108.645 (0.65%).
NOTE OF INVALIDATION:
If hourly candle continues above retest zone and closes above 109.623 the whole setup will become invalid and you can take the trade off your watch list.
DO NOT ENTER UNTIL CONFIRMATIONS HAVE BEEN MET!
We are currently waiting for the hourly candle on CHFJPY to retrace to our 109.357 handle (orange box), once price reaches level and rejects off it creating a bearish hourly candle we will make our entry. We will have 2 take profits in place for this trade, the first will be at 108.993 (0.34%) and the second at 108.645 (0.65%).
NOTE OF INVALIDATION:
If hourly candle continues above retest zone and closes above 109.623 the whole setup will become invalid and you can take the trade off your watch list.