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CHFJPY buy at golden ratio

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FX:CHFJPY   瑞士法郎 / 日圓
Posting a CHF/JPY trading idea involves sharing analysis, rationale, and potential trade setup for the Swiss Franc (CHF) against the Japanese Yen (JPY) currency pair. Here's a step-by-step guide on how to effectively communicate your trading idea:

1. **Chart Analysis**: CHFJPY is trend is bullish

2. **Trade Direction**: now CHFJPY in correction move

3. **Rationale**: the trend will continue

4. **Entry Point**: 163.64 its 0.618 Fibonacci level weekly support level

5. **Stop Loss**: 163.16

6. **Take Profit**: 165.35

7. **Risk Management**: risk reward ratio 3

8. **Timeframe**: enter trade 15 minute TF if any engulfing candle found

Remember that trading involves risk, and no analysis can guarantee a profitable outcome. Always trade responsibly and be prepared for the possibility of losses.
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