CHFJPY Trade Analysis for Long Position

CHFJPY Trade Analysis For Long Position

A Bullish Descending Triangle breakout spotted at CHFJPY on 11th August

Price break above 116.350 which is H4 short term ranging zone on 12th August

we are looking for price pull back and enter long position

Buy Limit 116.112
SL 115.912
TP 1 116.312
TP 2 116.612
TP 3 117.112

*Please apply your own risk management skill
*Risk no more than 1% of your trading capital
*Please choose the take profit point best suit your trading portfolio
*Always trail your profit when trade running profit
*Apply Break even point to protect your capital when trade running profit
If the pending order didnt get filled, we will delete the pending order

Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.