CollegeofPips

CHF/JPY Potential Move Upward

Long
OANDA:CHFJPY   Swiss Franc / Japanese Yen
πŸ’‘ Trade Idea

πŸ“‰ Buy Stop NZD/JPY @ 72.02

🎯 Target Profit 73.25

πŸ›‘ Stop Loss 71.47

❌ Do not risk more than 1% of your account on each trade

πŸ™‚ Good Luck!

The price failed to cross the daily support level "113.94", plus a double bottom is posted which indicates a reversal. A lower correction towards the neckline is expected, and from this level an upward movement might be seen.

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