Each pair in Forex market is unique. Every thing will move under a certain factors.
CHFJPY pair just started to moving in a expected direction.
Currently, market hanging at a major resistance (shown in graph).Wherever the market hit resistance, it use to fall down. we could evident it, without doubt.
In chart, the middle line stands for resistance. whenever the market price hit that level, it fell badly. (shown in graph)
As i said, now the market sticks in major resistance. So i would expect a nice drop.
Here, the fall may in two ways:
The signal reach this point as correction after a big impulse. Once it hit on saturation resistance, it may turn as another impulse and fall with heavy potential.
By records it have enough potential to breakdown the trend line. (shown in graph).
Chance for more than 7 times reward.
Otherwise, the signal will leave a small impulse and back as correction to top. Don't worry. If that was case, end the trade at 112.286. It won't be a drop for you.
Get ready to bag huge reward.....
Happy trading.
SIGNAL SPECIFICATION.
Pair:CHFJPY
Order:SELL
Entry:111.988
Take profit:109.675
Stop loss:112.286
Risk Vs Reward:7.76 ----------------------------------------------------------- Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward upto 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allow you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
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Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Forextamil ----------------------------------------------------------------------------------------
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