CHFJPY – Long signal, got rejected from support level

Earlier this morning I wrote about the CHFJPY, for some reason this is the currency cross that I like the most, it has a clear condition, fundamentals are in line, we still have some room left before we reach the resistance level, etc.

To make this long story short, I just got my signal on the CHFJPY, it was rejected from the short term support level and looks like it will continue its way up:

Here are the details of my trade:

Entry: 102.18
SL: 101.51
TP: 104.51

This trade has a risk-reward ratio of around 3:1

Trade Safe!

Raul Lopez
Forex Course

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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 .