Art-of-FX
Long

CHFJPY Lookin for longs on the weekly soon

FX:CHFJPY   Swiss Franc/Japanese Yen
36 2 4
I think this CHFJPY             is going to be a fantastic long trade soon, its gap up gives me a little extra reassurance that it is ready for an up-move soon. A more conservative trader could find a better opportunity by waiting for a break of the channel. I would initially target the 120 area provided this break takes place.
Comment: Will continue to hold this long until the bottom and broken and closed under on the daily.
Boy do I hate the CHF ever :-)
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dont we all :)
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