If the support keeps holding, then the next TP could be 100 pips+ higher.
This could definitely be a continuing pattern. For more confirmation I would suggest to wait 12 more hours.
Always invest after your own analysis and money manage properly!
Happy Trading!
This could definitely be a continuing pattern. For more confirmation I would suggest to wait 12 more hours.
Always invest after your own analysis and money manage properly!
Happy Trading!
Trade closed: target reached:
Position was closed at 116 when the currency pair showed that it wasn't able to break and go any higher. It might in the long term still be soon for CHF/JPY to reverse but for the moment, the best thing to do from my point of view is to close this position and invest in a better one.