Should price action for the CHFJPY remain inside the or breakdown below the 108.900 to 109.400 zone the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Short Position
- Entry Level: Short Position @ 109.150
- Take Profit Zone: 105.550 – 106.300
- Stop Loss Level: 109.600
Should price action for the CHFJPY breakout above 109.400 the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Long Position
- Entry Level: Long Position @ 109.750
- Take Profit Zone: 111.150 – 112.150
- Stop Loss Level: 109.150
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