sunnyk92

CHFJPY - potential longs

sunnyk92 Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
CHFJPY on all timeframes is currently bullish. We had a nice push to the upside last week due to the bearish move of the JPY. Since the move we are now in a corrective phase anticipating another leg to the upside.

Comment:
Looking to re-enter.. Got stopped at breakeven.

Price is looking to continue given the continuation pattern forming.
Comment:
Very choppy.

Did not take trade personally
Comment:
Although I did not trade this - the pair would have hit target to a tee- just look at the wick rejection.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.