OANDA:CHFJPY   Swiss Franc / Japanese Yen
We have a huge breakout so I will be looking for a strong counter trend trade here. I'm expecting some rejection at the zone that price is currently rising too. I will base trade off of price action. I only enter on engulfing candles. So if that doesn't happen I will not take this trade. My only exception would be if we got a huge wick with a strong bearish candle. (if it's not an engulfing candle) This current setup is a 1:3 R:R

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