CHFJPY:Buy on dips Long

FX:CHFJPY1D

Swiss Franc/Japanese YenFXCM

Description

⋅ Sep 13, 2018 11:05 AM

It is good to buy on dips around 114.65.70 with SL around 114.20 for the TP of 116

Trade closed: target reached

⋅ Sep 18, 2018 6:48 AM

CHFJPY target achieved at 116. It is trading extremely bullish a jump till 118 is possible

Technical Indicators

Comments

FXCM

⋅ Sep 21, 2018 9:39 AM

I agree with your bullish view on CHFJPY. Our trading signal idea is also of the same bias. We have found roughly support level at 116.59 which is also a horiozntal pulllback support.
Additionally, Ichimoku cloud is also showing signs of bullish pressure, which backs up our bias.

Glad to see that we have the same bias for CHFJPY

FxWirePro

⋅ Sep 21, 2018 9:41 AM

@FXCM-EDU, OK thank you