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CHFJPY Possible Long Swing Trade!

Panjang
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FX:CHFJPY   Franc Swiss / Yen Jepun
CHFJPY on daily is forming an ascending triangle. Yesterday price went through the triangle up-trend line but It didn't closed below which is a good sign!

If everything goes well my entry on this one will be around 111.800 and will be exiting around Technical Traget. Keep in mind that is always better to miss some pips and wait for the conformation! The same goes when you exit, If price will close above the technical traget with ease, I'll just move stop loss and lock profit around that traget (I prefer moving stop losses when market gives you some structure..)

Trade set up :

- Entry : 111.800

- TT (or further, depends on price action!) : 115.120

- Stop loss : 110.715

-->Risk/Reward Ratio : 3.

Have a nice weekend!
Dagangan aktif:
My entry was reached on Friday and I'm holding it over the weekend

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.