CHFJPY – Keep looking for long opportunities

Most Yen crosses, including the CHFJPY still have good profit potential for long trades, most of them are in a bullish market condition:

CHFJPY
CHFJPY

In the case of the CHFJPY, the market might retrace back to the ST support level (around HOPS1). I’m going to wait for it to retrace back to the ST support level, and look for upward pressure around it.

If it breaks down the HOPS1 level, I will stay on the sidelines.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .