CHFJPY SHORT 4 HR BREAK AND RETEST TRADE SETUP

Mar 20, 2017

Hi Traders:

Spot this quick short opportunity on CHFJPY, as 4 HR chart broke down support trend line,
looking for a retest @ 113.20, 50 EMA, 0.382 fibs, and main pivot to short, MACD Divergence.

Target 1: 112.80 (1% Profit)
Target 2: 112.25 (2.83% Profit)

Thank you for your support and feedback.

Trade: #37
Date: 03/20/2017
Time: 07:00 GMT


Mar 20, 2017

Trade active

Daily Chart:



Weekly Chart:

Mar 20, 2017

Note

Target 1 Hit, 1% Profit, move stop loss to break even entry price.

Mar 21, 2017

Trade closed: target reached

Result: 1% Profit

Date: 03/21/2017
Time: 01:00 GMT