CHFJPY BUY until 168.40
Hello guys,
Another trade to open. CHFJPY BUY until quote 168.40.
It has a risk/reward of 1:2. It.s not much but it's ok. You can see the support of the red area. I know we are in a downtrend at 4 hour chart but look at the daily chart which is a strong upward direction.
You can see the daily chart here : https://www.tradingview.com/x/pGMVJT4P/
So, let's hope to go with an upward correction at 4 hour chart.
What is your opinion ?
Another trade to open. CHFJPY BUY until quote 168.40.
It has a risk/reward of 1:2. It.s not much but it's ok. You can see the support of the red area. I know we are in a downtrend at 4 hour chart but look at the daily chart which is a strong upward direction.
You can see the daily chart here : https://www.tradingview.com/x/pGMVJT4P/
So, let's hope to go with an upward correction at 4 hour chart.
What is your opinion ?
Trade closed manually
I closed the trade manually because I think the CHFJPY will go down further. I suggest you do the same while in profit. Thanks.
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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.