CHFJPY Bullish White Swan And Long Opportunity

As you will see on the attached idea we have entered a Long Trade at 111.900 and we have reached our first target.

The price is likely to hit the second target. Break and close above 112.500 is another Long opportunity and the pair is likely to hit 112.900.

At 112.900 we will close our positions and wait for the daily closing to decide about the direction. We will update the trade idea in the premium section.

Comentário:

Trade Reached the target. We have generated 90 Pips. Break above 112.900 will carry the price 113.280 - 113.400 region. We predict a retracement at 113.300 - Fractal Trendline Resistance-  We close 30% of our positions. Move our SL to TP1 level and wait for the breakout of 112.900. Pullbacks are buying opportunities.