All language subtitles for 2. Live Trade 2 CHFJPY BUY (-16 PIPS) & RE-ENTRY SELL (+80 PIPS)

Hello and welcome to the second complete live trade analysis and trade management video in this lecture.
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We are looking at four other charts of CHFJPY. On 15th Feb,
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double bulls pattern with increasing volumes was recorded at key resistance zone.
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Also, notice an inside handle on this forex pair before the second candle in the double bulls formation,
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Therefore guys, I entered a BUY STOP just above the price high of the double bulls formation.
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And I placed my stop-loss just below the previous swing low for this trade.
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Now I will switch to daily charts to analyze the following few sessions of this trade on one larger
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timeframe.
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Although, my BUY trade initially went very well, as you see here, but after a few trading days, a strong,
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bearish engulfing candle with high volume signaled the selling strength entering in large numbers.
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According to professional support and resistance training strategy guidelines, I exited my trade with
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a small 16 pips loss.
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And then I re-entered in the markets upon this bearish engulfing pattern and took a Sell entry just below
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the price low of the candle.
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This time my stop-loss was just above the price high of bearish engulfing pattern.
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Guys, this trade was confirmed by a possible breakout to the support zone, which was a resistance
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zone for the last entry.
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Also, the trading volumes increased over the two candles, confirming my sell entry.
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And as you see here, a signal bottom associated to heavy volumes at key support level appeared on this
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pair after five trading days.
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So I closed the sell trade with approximately 80 pips in profit.
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Guys, this is a very good example to how to look for re-entries and study the market sentiment correctly
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to trade smartly, and I will see you in the next video.