faithintrade

NZDJPY PRICE TRAP 1HR tf

faithintrade Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY 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: 77.770
TP1: 78.065 (29 pips)
TP2: 78.521 (75 pips)
TP3: 79.200 (143 pips)
SL: 77.445 (33 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: 76.848
TP1: 76.629 (22 pips)
TP2: 76.266 (58 pips)
TP3: 75.934 (91 pips)
SL: 77.269 (42 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 closed: stop reached:
Literally wicked SL going to reenter
Trade active:
buy
Trade closed: target reached:
TP1

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