CHFJPY 3h AutoUFOs™ Trade Alert! 13 May 2019
Execution:
Sell Limit @ 109.25
Protective Stop Loss @ 109.80
Take Profit @ 108.50
Rationale:
Sell Un-Filled Orders (Red UFO) available in the 3h time-frame
Buy Un-Filled Orders (Green UFO) further below allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
Sell Limit @ 109.25
Protective Stop Loss @ 109.80
Take Profit @ 108.50
Rationale:
Sell Un-Filled Orders (Red UFO) available in the 3h time-frame
Buy Un-Filled Orders (Green UFO) further below allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO