CHFJPY Long Trade Setup... Maybe This Time.
Cập nhật
Hello traders.
This is my 4th long trade setup idea. The first idea stopped out with 1% loss, other 2 were canceled because it made lower lows. Now, we have new on.
I have an entry order above last top with a stop loss below the last bottom. I'm trying to catch the daily up impulse. It will be a very big wave. The possible target is 123.
Hopefully, it will make a bigger correction, before it goes up. So, a trade with the greater risk-to-reward ratio can be found.
Please check the related ideas for more details.
If you think this is a valid forecast and good trade setup, please hit the like button and share.
I appreciate that if you leave a comment and let me know what do you think about this idea.
Trade with care...
This is my 4th long trade setup idea. The first idea stopped out with 1% loss, other 2 were canceled because it made lower lows. Now, we have new on.
I have an entry order above last top with a stop loss below the last bottom. I'm trying to catch the daily up impulse. It will be a very big wave. The possible target is 123.
Hopefully, it will make a bigger correction, before it goes up. So, a trade with the greater risk-to-reward ratio can be found.
Please check the related ideas for more details.
If you think this is a valid forecast and good trade setup, please hit the like button and share.
I appreciate that if you leave a comment and let me know what do you think about this idea.
Trade with care...
Giao dịch đang hoạt động
Ghi chú
It isn't going up, so there is no momentum for upside. I think the trade can be closed manually, but I decided to keep it on. I will move the stop loss to break even if it breaks the previous top. Ghi chú
I still believe it's making a correction. If you don't have this trade, wait for the breakout before taking any long trade.Ghi chú
Move stop loss to breakeven. The structure between yellow lines can be a completed correction (contracting flat). So it can break the previous bottom. But I'm not closing my trade manually, because there is still a good chance for an impulsive up move.Ghi chú
Ghi chú
After the sharp drop, I can say that it made a correction for one more drop. Now, I'm waiting for a small correction as a confirmation. Then I will close my trade with some profit.Ghi chú
It makes sharp moves in both directions. Just wait and see.Đóng lệnh: dừng lỗ
Breakeven trade. I will take another long trade after it breaks the previous bottom.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.