CHFJPY BUYY

CHFJPY buy opportunity. Price has reached historical demand level. It might be false breakout, average traders are in profit from sell setup and sooner or later they have to be in loss. I would set profit target on 40 pips with R/R 1:2

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Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts.