CHFJPY short and then long
CHFJPY may be on number 3 of Impulse waves, we wait for a candle of strong rejection, and with intention of going down, then we enter in shorts at 114.306 and TP 113.831. Then we wait for a confirmation of continuation of up trend and we buy at 113.841 and we wait for the 5th impulse wave to end, Take Profit at 115.167, watch out for the purple strong zone in the long, you can place your TP 1 there. Use risk management and lets get this trade!
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.