CHF/JPY - Price dropped,Ascending channel formulated time to buy
Hi guys, we would be looking into the CHF/JPY , in a similiar fashion with all the major currencies we saw a steep drop versus the Japanese Jen. The CHF/JPY has formulated a fantastic Ascending Channel which we will test with our analysis to reach our final targets, there is quite some potential in this pair, we would be looking into further upside once our targets are reached.
Entry: 167.760
Target 1: 168.542
Target 2: 169.350
Stop Loss: 166.500 - Our Stop loss is set up on a strong support level which would give us good protection on the trade,once 1st target is reached you can consider protecting your profits by putting a positive stop loss!
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Entry: 167.760
Target 1: 168.542
Target 2: 169.350
Stop Loss: 166.500 - Our Stop loss is set up on a strong support level which would give us good protection on the trade,once 1st target is reached you can consider protecting your profits by putting a positive stop loss!
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Trade closed: stop reached
Stop reached - we re-entered the trade and see some great potential here.
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t.me/Capital55DG
Join my Telegram community for Forex trading insights, real-time news, educational content and friendly support. Let's grow and succeed together! -
t.me/Capital55DG
t.me/Capital55DG
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