CHFJPY - 60 min Timeframe - Buy Opportunity

As per our previous weekly timeframe overview (tradingview.com/chart/CHFJPY/fC7JkHO5-CHFJPY-Weekly-Timeframe-Overview-Long-Opportunity/), we believe that the CHFJPY is presenting itself with a good long opportunity, with an excellent R/R ratio and a big profit potential. On the 60min timeframe, the pair has broken a minor trend, giving us a buy setup.

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註釋

Watch for breaks for long entries (could pull back a little deeper):

註釋

We are putting our positions in BE because, on the 4hr timeframe, the pair could go for one more small movement to the downside, before commencing the uptrend on the daily: