TRADINGWITHZION

CHFJPY 280 PIPs chance

Panjang
OANDA:CHFJPY   Franc Swiss / Yen Jepun
Hello Guys !

What an amazing week we had, we banked over 170 pips last week in our trading group !

It's time now for a fresh restart.

We are seriously considering taking a LONG position on CHFJPY.

Here we have a very strong upchannel, with multiple touches on the trendline, suggesting us that the pair will look for new highs during the next trading weeks.

Our SL will be around 110 pips, while our TP will be a stunning 280 pips.

I've marked in orange, what i consider to be important support areas, just before a nice push up.

Feel free to use this trade yourself.

Don't forget to follow us so you get notified everytime we post.

Your opinion will also be appreciated.

Have a nice trading week guys !

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Penafian

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