Learn to Trade Harmonic Patterns at plantotrade.com
Trade Management
Pattern: Bat
Symbol: CADJPY
Date: Tuesday, 17th of November 2015
Timeframe: 60M
Entry-Point: 93.07 (Limit Order)
Stoploss: 93.30
Take-Profit 1: 97.57
Take-Profit 2: 97.27
Description: The CADJPY price action rallies again into previous resistance zone, which was reached on the 12th of October. Therefore we have a high probability trading idea. The stoploss rests right above the highest high of the previous resistance level.
Important: If price violates 91.77 price level, the trade will be invalid.
Trade Management
Pattern: Bat
Symbol: CADJPY
Date: Tuesday, 17th of November 2015
Timeframe: 60M
Entry-Point: 93.07 (Limit Order)
Stoploss: 93.30
Take-Profit 1: 97.57
Take-Profit 2: 97.27
Description: The CADJPY price action rallies again into previous resistance zone, which was reached on the 12th of October. Therefore we have a high probability trading idea. The stoploss rests right above the highest high of the previous resistance level.
Important: If price violates 91.77 price level, the trade will be invalid.
Trade active
Target 1 is hit. Stoploss goes to breakeven for Target 2 to hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.