D_Market_Outlook

CHFJPY BULLISH HEADS AND SHOULDER RETEST

Long
D_Market_Outlook Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
1. Head and shoulders breakout.
2. RR could have been better
3. EMAs show a good bullish trend
4. TDI showing bullish signals
5. Bounce of trendline.

* Wished I could have got in at a better RR but rules are rules, enter at the close.
*Target at next major supply zone
Comment:

huge moves in market, lets see if we can reach at least 1 R with this.
Comment:
took some off to keep some profits
Comment:
make sure stoploss at breakeven
Comment:
Looking at the entry again, we could have been getting a better price at nearer to the 8ema which would have increased our returns with a better RR.
Trade closed: target reached
Comment:
On Regflection such a good setup, I should have had the patience to let it run somemore.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.