bing1845

Long idea after breakout CHF/JPY

Long
FX_IDC:CHFJPY   Swiss Franc / Japanese Yen
Waiting for channel and wedge breakout and candles to indicate buy. Should be a nice set up for some short-term gains. It is a down trend but we should see a pull back before continuing down. I put my stops and a couple previous resistance levels. I may place 2 take profits levels and move up stop after it hits first and pull out half position just in case it bounces off first major resistance level. I am pretty new please let me know your thoughts. Good luck and thanks for looking.
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