CHFJPY long intraday trade setup 1H

CHFJPY long intraday trade setup 1H based on green volume dominating higher time frames, trend to upside on HTF also. Currency impulse (bot left) favoring CHF strength with the crossover and price action positioned above the trend cloud 4H and 1H with strong green support under (dots). This is an intraday only as price is respecting the HTF resistance where Im expecting another pullback. TP at this point. IMPORTANT: Trading currencies carries a high element of risk where financial loss can be significant. This analysis is not to be construed as financial advice and we highly recommend using the information for 'practice trading' a demo account only where there is zero risk.

Trade closed: target reached:

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