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 -2.63% 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.
