Swiss Franc / Japanese Yen
Long
Updated

CHF-JPY

Weekly Structure - Sideways

Daily Structure - Uptrend

On 1 hour time frame we are reaching another touch on the uptrend trendline. The price could now go up until 113.000 (strong resistance level)

TP1 - 112.500
TP2 - 113.000
SL - 111.720

R/R - 3.8

Good Luck !!!
Note
You can move stop loss to break even
Note
Trade closed at break even.
Note
I Have re-entered the trade.
Note
Trade Closed. Stop Loss hitted, however I believe in this trade and have entered again, there was a false break out which means that it came back to the trendline and could go up to reach the target.
Note
If you have entered into the trade again you can move stop loss to entry.
Note
You can now close 50% of the trade and let it run the rest.
Note
Trade 1 Closed at Break even
Trade 2 Stop Loss - 39 Pips Loss
Trade 3 Profit Reached - 102 Pips Profit

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