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Q-FOREX LIVE CHALLENGING SIGNAL ON 17 MAY 2016 – SELL CAD/CHF
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Sell entry @ 0.75605 Sl = 0.77415 TP = 0.73464
The CAD CHF pair follow the six week trend line and it show the false break setup , the price hits 0.75645 Resistance, so the bearish trend starts wait for the next support level @ 0.7464 as a target and the stop loss placing at next Resistance level on 0.77415
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Note :
Trade signals would usually have a risk to reward ratio of 1:2. This means that even if just 2 out of 4 signals hits their SL marks, the other two that would have closed profitably would allow you be in good overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
SL are usually between 30-100 pips
TP are usually between 60 to 200 pips and above
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