CHFJPY is in a very great place to look for shorts. We have multiple tells indicating that CHFJPY may drop heavily from the double region. If we don't get a reaction from the double top, look for a reaction near the upper trendline.
The risk to reward on this is insane if you got the ability to hold. It will pay off!
On the weekly we have a simple Impulse, ABC correction, Impulse:
The long term swing TP for this would be the same length as the first impulse which is 3000pips.
To learn how to identify these trades and know how and when to enter, see the links below.
Goodluck and trade safe!
The risk to reward on this is insane if you got the ability to hold. It will pay off!
On the weekly we have a simple Impulse, ABC correction, Impulse:
The long term swing TP for this would be the same length as the first impulse which is 3000pips.
To learn how to identify these trades and know how and when to enter, see the links below.
Goodluck and trade safe!
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