A Second Chance to Sell in CHFJPY ...New trading suggestion:
There is possibility of temporary retracement to suggested resistance line (110.30), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Midterm forecast:
While the level 110.30 is not broken, the Midterm wave will be downtrend.
Price may also reach 110.30, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
We will close our open trades, if the Midterm level 110.30 is broken.
Trade Setup:
We opened 9 SELL trade(s) @ 115.75 (day close price) based on 'Two-day reversal candle ( 2-day Shooting Star )' at 02.09.2018 signaled by our "Daily Trading Opportunity".
Total Profit: 5240pip
Closed trade(s): 1130 pip Profit
Open trade(s): 4110 pip Profit
Closed Profit:
TP1 @ 113.40 touched at 02.28.2018 with 235 pip Profit.
TP2 @ 112.25 touched at 03.07.2018 with 350 pip Profit.
TP3 @ 110.30 touched at 04.20.2018 with 545 pip Profit.
235 + 350 + 545 = 1130
Open Profit:
Profit for one trade is 115.75(open price) - 108.90(current price) = 685 pip
6 trade(s) still open, therefore total profit for open trade(s) is 685 x 6 = 4110 pip
Take Profits:
TP4= @ 108.35
TP5= @ 105.90
TP6= @ 104.15
TP7= @ 101.80
TP8= @ 100.00
TP9= @ Free
Chfjpy!
CHFJPY , TP2= 113.4 hit , Profit:174 pip , Total Profit:1023 pipFOLLOW US to HUNT with US by TREND HUNTER STRATEGY!
Total Profit: 1023 pip
Closed trade(s): 223 pip Profit
Open trade(s): 800 pip Profit
Trade Setup:
We opened 10 SELL trade(s) @ 115.14 based on 'Two-day reversal candle( Shooting Star )' entry method at 2017.10.23.
Closed Profit:
TP1 @ 114.65 touched at 2017.10.26 with 49 pip Profit.
TP2 @ 113.40 touched at 2017.10.31 with 174 pip Profit.
49 + 174 = 223 pip
Open Profit:
Profit for one trade is 115.14(open price) - 114.14(current price) = 100 pip
8 trade(s) still open, therefore total profit for open trade(s) is 100 x 8 = 800 pip
Take Profits:
TP3= @112.25
TP4= @110.30
TP5= @108.35
TP6= @105.90
TP7= @104.15
TP8= @101.80
TP9= @100.00
TP10= Free
Trading suggestion:
There is possibility of temporary retracement to suggested resistance zone (115.30 to 116.40), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (115.30)
.Ending of entry zone (116.40)
Technical analysis:
.A vale is formed in daily chart at 114.40 on Mon, 10/16/2017, so more gains to resistance(s) 114.65, 114.40 and maximum to resistance zone (115.30 to 116.40) is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index ( RSI ) is 40.
.Current short-term is range bound, but beginning of downtrend is expected.

