ClearEdgeFX

CHFJPY - EXCELLENT TRIANGLE BREAK OPPORTUNITY

FX:CHFJPY   Swiss Franc/Japanese Yen
8 0 2
There are two ways to play this classic triangle scenario. For experienced intraday traders one could go short targeting the bottom of the triangle with a SL above 132.10. The more potentially profitable scenario is to wait for the break of the triangle on either side. We should aim for about 100 pips risking around 70 (depending on where the break takes the place - generally we use the triangle width as the guideline for how much we want to risk.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out