tanvirankurs
Long

Break-Out Buying for CHF/JPY

FX:CHFJPY   Swiss Franc / Japanese Yen
This pair is inside a short range and for me, the range is nothing but a "Bull Flag" on the Daily. Hope a massive bullish rally is waiting but for now we have a small bullish opportunity on this pair. I will wait for the price to break the pink tread-line (as shown in chart) to the upside to take a long position.

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Trade closed: target reached
Trade closed: target reached: +88 pips
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