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CHFJPY | THIS ONE COULD BE PROFITABLE IF PLAYED RIGHT

FX:CHFJPY   Swiss Franc / Japanese Yen
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Right so we entered this trade before with our members , it reached some of our take profit levels, however it never went past more.

Currently pulling back sharply due to the USD strength the safe-haven currency such as the CHF is going down, if it breaks the 4 hourly uptrend, gives a pullback and a bearish engulfing candle we could see this as a selling opportunity, vise versa if we see nice respect off the moving averages towards the top, bullish engulfing candle then we could see this trade running a little more towards the upside

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