CHFJPY – Long signal

A few days ago the CHFJPY broke through an important LT resistance level, triggering a bullish market condition. I was waiting for a retracement to the ST support level and finally got it. Earlier today the CHFJPY retraced back and formed a significant pattern with upward pressure:

Here are the details of my trade:

Entry: 89.12
SL: 95.78
TP: 98.06

The risk reward ratio of this trade is 5.7:1

Trade Safe!

Raul Lopez
Forex Training

CHFJPY Analysis

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 .