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Swiss Franc / Japanese Yen
Long

CHFJPY is on a key support line daily

By Traderscope
Updated
The chart shows a beautiful bullish candlestick on the daily timeframe. This means that a middle term reversal could occur within the next 24-48h. The support line in red on the chart has acted like a support line and reinforce the probability of reversal of the trend. A stop loss could be placed below the last lower. and 2 TPs zones could be placed at 118.65 and 119.25.

Enjoy !
Trade active
Trade closed: target reached
TP 1 then TP 2 has been reached ! Perfect setup here ! Trust the process ! Patience is the key !
CHFJPYSupport and ResistanceTrend Analysis
Traderscope
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