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thetradeWELL
Nov 29, 2023 2:41 AM

SHORT CHF/JPY Short

CHF/JPYOANDA

Description

Pretty precarious short trade on the Swiss/Yen. The years long uptrend has been exhausted for ages, but with the Yen's across the board weakness, price has steadily climbed. I entered a short on the 28th and added a lot on the 29th. Technically, I did get a signal from my indicators, but they haven't did very well against any Yen pairing as of late. We'll see how this goes.

Trade active

This trade has worked out spectacularly. Currently up +1300 pips across three lots. I will reduce and lock in some profit as I anticipate some significant retracement on the horizon.
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