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glennmercer

CHFJPY Short - Speculating on a Risk-Off Move

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
glennmercer Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns glennmercer gmercerfx CHFJPY
5
0
trendanalysis chartpattern glennmercer gmercerfx chfjpy
I like the Franc long and the JPY short. Although the technical setup isn't perfect, this is a great R/R following a nice bearish impulse on Monday. I predict this move to continue through the rest of the month, with profit-taking on or around March 31. Cheers
Comment:
snapshot

T1 Achieved at 1:1 R/R
Trade closed manually:
Close to target, stopped out at breakeven. Cheers
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