Potential 2.25:1 Long

Potential 50 pip trade here. $DXY $USDJPY

Comment:

UCHF must content with this regression channel if it wants to break out and make it's way back toward the August close.

Comment:

Channel is broken as Day CAM R4 and Week CAM R4 are tested. This price here will determine if price gets thrown back down.

Comment:

Moved stop to 0.9670, the September 25th high.

Comment:

Moved stop to 0.9680.

Trade closed: target reached:

Year VWAP is right at 0.9700 also. Considering short here because the Daily ATR Trailing Stop (hidden level) is at the same price.

Comment:

Typical rejection lol... I did manage to snake 20 pips short off that year VWAP tag... fun day.