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sunnyk92
May 31, 2021 10:48 AM

CHFJPY - potential longs 

Swiss Franc/Japanese YenFXCM

Description

CHFJPY on all timeframes is currently bullish. We had a nice push to the upside last week due to the bearish move of the JPY. Since the move we are now in a corrective phase anticipating another leg to the upside.

Comment

Looking to re-enter.. Got stopped at breakeven.

Price is looking to continue given the continuation pattern forming.

Comment

Very choppy.

Did not take trade personally

Comment

Although I did not trade this - the pair would have hit target to a tee- just look at the wick rejection.
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