Swiss Franc / Japanese Yen
Long
Updated

CHFJPY MOMENTUM TRADE IDEA

253
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Trade Signal:

BUY
> Entry: 123.963
> Take Profit: 124.453
> Stop Loss: 123.804

Analysis:
We have a ICI formation on the 1H TF, where we can see that it has retraced back more then the 0.382 of the fibo where based on the structure created by the market that it will reach the golden ratio 0.618 area. Down to the 15min TF where we will place our entry, exit, and take profit that will be based on the impulse created.

Good luck!

All Strategies Are Good; If Managed Properly!
~FX_SHIFTER
Trade active
Trade is now active. :)

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