CHF/JPY LONG MOMENTUM POSITION ON 4H

This is the position based on Edger trading system on 4H time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.

This is only for educational purpose and no financial advice.

BUY STOP ENTRY : 132.608
STOP LOSS : 131.429
TAKE PROFIT 25% : 132.901
TAKE PROFIT 50% : 133.195
TAKE PROFIT 75% : 133.488
TAKE PROFIT 100% : 133.787

FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.

ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.

Trade chiuso manualmente:

50% Target achieved for +58.6 pips and position stopped out at break even.