ArnaudKleinveld
Long

CHFJPY a secret explosive opportunity

OANDA:CHFJPY   Swiss Franc / Japanese Yen
CHF did not get the attention it should from my research on UJ seasonality . Although it often crossed my mind I have not taken time to completely turn this pair and its history inside out. Something in the back of my head says CHF is the root cause of a lot of movement in the market nowadays...

Coming from JPY cycles research I quickly and dirty concluded that CHF correlating with EUR a similar if not better long opportunity had to be than EURJPY for example. Looking at its performance it is still the king of the market honestly, way overvalued but rock solid and investors love to flock to it as a safe haven. Therefor I expect it once more to strengthen against all majors and make CHFJPY and interesting opportunity because of the USD, JPY & CAD triangle crash in the making as we speak.

Happy trading CHFJPY Long from time of posting till JPY detaches from USD as it crashes. Where that exactly is I don't know and believe it will be strong depending on speculation. Perhaps JPY this year's low of early 2018? Time will tell. In the meantime I have bought this pair.
Trade active
Comment: We have movement, buckle up
Trade active: USD devaluation is about to start and this will be a Long until JPY detaches from USD then a deep short and the cycle continues for the time USD is devaluing, couple of weeks if not months.
Comment: Might take a while before it breaks 111.8. Let's see what what happens this week.
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