At the moment CHFJPY is at a very strong resistance zone (on daily and weekly chart) .
We can see it has started to create CYPHER pattern , the only way to complete this pattern is going SHORT,
we have a tight SL in place if price goes against us
RISK to reward is pretty good on this pair ,
We can put our SL at entry when price hits TP1
Good luck following this pair.
We can see it has started to create CYPHER pattern , the only way to complete this pattern is going SHORT,
we have a tight SL in place if price goes against us
RISK to reward is pretty good on this pair ,
We can put our SL at entry when price hits TP1
Good luck following this pair.