CHFJPY - Haven currencies fighting it out

FX:CHFJPY   Swiss Franc / Japanese Yen
-41 week horizontal range
-Concise double top
-Breakout on the 7th
-Was met with a retest of prior range into the weekly close (the fact that price was not able to close back within pattern is positive)

Looking to establish a position of 120 basis points split into 2 tranches
Comment: Stop sell order in
Comment: Dialled back planned exposure to a total of 80 basis points due to the price trading either side of the range
Comment: Not pursuing this trade. I don't like how the price action didn't respect the boundary
*either side of the boundary
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out