CADJPY : BUY
Updated
TRADE PARAMETERS
Pick Date : 03/20/18
Entry : 81.13
Stop : 80.93
Target : 92.50
TRADE STRATEGY
Income Type : Swing
ENTRY
81.13 is a newly formed 4H demand zone . Will be doing a set and forget limit order. Price will need to have a strong move into the zone.
STOP
80.93 is 20 PIPs right outside of the low for some protection
TARGET
92.50 is the next monthly supply zone .
Zone is fresh and will be hard to break the first test.
Pick Date : 03/20/18
Entry : 81.13
Stop : 80.93
Target : 92.50
TRADE STRATEGY
Income Type : Swing
ENTRY
81.13 is a newly formed 4H demand zone . Will be doing a set and forget limit order. Price will need to have a strong move into the zone.
STOP
80.93 is 20 PIPs right outside of the low for some protection
TARGET
92.50 is the next monthly supply zone .
Zone is fresh and will be hard to break the first test.
Trade active
Price came screaming down. Trade was opened at 81.00. Took a little drawdown but it's recovering. I'll monitor itTrade active
Nice impulse up, trade is healthyTrade active
This idea is healthy. Currently up over 200+ pips with this. Will keep managing, looking to get over 1000+ pips if price breaks this weekly supply zone coming up
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