CHFJPY 200pips SHORT Idea CHFJPY is getting really weak, SUITE B already confirmed the INCOMING correction leg.
#1 ENTRY (Risk Entry, Good Reward) -: Enter SHORT when CHFJPY reaches UPPER BAND
#2 Entry (Confirmed Entry, Minimal Reward) -: Enter SHORT when CHFJPY breaks BELWO the BL after touching UB. (Not advisable on this current structure)
INVALIDATION
On #1 Entry, Set a 50pips SL from UB tap.
On #2 Entry, when price rejects back BELOW BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it. (OR 50pips)
TARGETS
Target is simple here, we are looking at TP around BL on H4 or PMthH on D1
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
