Price clearly tells us that chfjpy is going down. long fast bearish candles indicating that the bears are still on the strong,
I would put order below the support 15 pips apart from it with targets at 109.700 and 109.000 and 108.800
TRADE
EP- 110.115
Tp1 - 109.700 (45pip) Risk reward ratio - 1.2:1
tp2-109.000 (115pip) Risk reward ratio - 3:1
tp3- 108.800(135pip) Risk reward ratio - 4:1
SL- 110.500 (35pip)
Happy trading, 100pipFX
I would put order below the support 15 pips apart from it with targets at 109.700 and 109.000 and 108.800
TRADE
EP- 110.115
Tp1 - 109.700 (45pip) Risk reward ratio - 1.2:1
tp2-109.000 (115pip) Risk reward ratio - 3:1
tp3- 108.800(135pip) Risk reward ratio - 4:1
SL- 110.500 (35pip)
Happy trading, 100pipFX
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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.