Swiss Franc / Japanese Yen
Long
Updated

CHFJPY - SETUP - WEEKLY CONTINUATION - 14 MAY

512
WELCOME TO DACAPITAL TRADING!!


CHFJPY just started moving as expected, quick Timeframe breakdown for free and everybody.


4 HOUR
Strong bullish break above previous week resistance

DAILY
Bullish movement and channel in daily formation and strong price action after taking out 108.500.

WEEKLY
Oversold completely, we need a pullback!

LEVELS
Long @ 109.654
SL @ 109.330
TP1 @ 109.965
TP2 @ 110.136
TP3 @ 110.228
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!


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DACAPITAL TRADING
Trade active
Note
TP1 HIT! Move SL to BE and close partial position.
Note
+35 Pips
Note
TP3 Hit! whoever hold this one

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