ARFXC
Long

Long on CHF/JPY BUY BUY BUY !!

FX:CHFJPY   Swiss Franc/Japanese Yen
9 months ago
Reasons for

-Long term downTrend Which has been making Lower lows And Lower HIghs And i feel like weve made a new Low at a key area and are ready for a small reversal and correction before we see any more bearish movement
-We have hit two KEY trend lines and have shown support and looking like we are getting bullish momentum
-As we can see by previous candle we got a bullish engulfing which signifies Momentum
-Altho going long is risky as its counter trend i am willing to take the risk and enter long as technicals all play out and looks like a great time to go long to catch the correction

you cold possibly wait for a retrace before going long
but that for you to decide :)

Also my EUR/JPY             setup is exactly the same as this they both correlate so maybe split up the risk between the two or pick one of them
My entry price 113.85

Remember this trade is Risky simply because its counter trend
Happy Trading

LOOK AT OTHER SETUP THAT SWITCHES WITH THIS :)
9 months ago
Trade closed: stop reached: unlucky with this one

Related Ideas

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