Hello traders, here I am long on CHFJPY. My reasoning for this trade was the break and retest of the level at about the 113.750 region. I saw the pin bar rejection candle form on the 4 hour chart and that was where I went long. To give my trade room to move I put my stop loss below 50 pips but to be more conservative you can place it below that 4 hour pin bar. My Take Profit will be the next resistance level on the weekly chart at the 118.000 region. I will be looking to hold on to this trade for a few weeks and I will be taking partial profits along the way, also adding to my position when price retraces. So my target profit is 400 pips and my stop loss is 50 pips for a good 1:8 Risk Reward ratio. Thanks for reading!