BannaKhan
Long

CHFJPY long trade on pullback

FX:CHFJPY   Swiss Franc / Japanese Yen
Hello traders,

We have had a nice short trade earlier on this pair and now after the pullback we have spotted a nice bullish engulfing candle which suggests that we should see further upside movements. I have gone long on this and marked the entry point, sl and tp for you as well.

Ultimately I think it should make a double top before deciding further direction.

Let me know what you think.

Trade safe and good luck.

Comments

Good Concept
+1 Reply
BannaKhan AllisonCooke
@AllisonCooke, Thank you for sharing your view :)
Reply
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