Swiss Franc / Japanese Yen
Long
Updated

Trade idea - CHFJPY Long

236
4H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Buy limit.

1.5% risk.

Aiming to take full profit at Daily TP.
Note
MONTHLY

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
WEEKLY

Inverse Head & Shoulders pattern can be in play.

Clear support & resistance zone is there.

Market currently sitting around zone where Bears could be powerful, keep in mind.

snapshot
Note
DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Order cancelled
Cancelled because of NFP.

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