CHFJPY has approached a major resistance zone around 109.000. Price is expected to bounce off this tested resistance zone either all the way back up to the previous major support zone around 111.500 or the previous swing low at 110.600.
Trade Details :
SL : 109.400
TP 1 : 110.600
TP 2 : 111.700
Trade Details :
SL : 109.400
TP 1 : 110.600
TP 2 : 111.700
Note
My apologies, when I said resistance I meant support & vice versa.Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.