CHFJPY Long Trade

Randy BalcomTradesLeave a Comment

Here is the rational:

  • The weekly has been in an uptrend since September and is entering into a long Dynamic Zone
  • The daily is showing a pullback from a long entry into a Dynamic Zone
  • If price holds above 112.70, then we have a good risk to reward trade

Entry Above 113.88

Stop below 112.70 (unless price trades below that)

Target 116.76

 

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