faithintrade

CADJPY PRICE TRAP 1HR tf

faithintrade Updated   
OANDA:CADJPY   Canadian Dollar / Japanese Yen
CADJPY Price Trap - (BUY/SELL)

BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 83.828
TP1: 84.012 (19 pips)
TP2: 84.195 (37 pips)
TP3: 84.366 (54 pips)
TP4: 84.525 (70 pips)
TP5: 84.706 (88 pips)
SL: 83.469 (36 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits

SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 83.130
TP1: 82.911 (22 pips)
TP2: 82.701 (43 pips)
TP3: 82.468 (67 pips)
TP4: 82.262 (87 pips)
TP5: 82.058 (108 pips)
SL: 83.476 (34 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits

THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
Trade active:
TP4 SMASHED!!
Trade closed: target reached:
ALL TARGETS SMASHED

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