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CHFJPY - Rejected at 118, 10 times since 2018

Satış
FX:CHFJPY   İsviçre Frankı / Japon Yeni
As the weekly chart shows, this pair has been rejected multiple times at the resistance zone located between 118.80-116.70 region since early 2018. The best entry was a week ago, but I am hoping for a retracement to about 116.80 or higher that will give me a good entry next week. Target can be located at support below in the low 114 region.
This could be a +3.2R trade, but it requires some patience to see it through this low volatility holiday period.
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As always, please use sound money and risk management in all your trades.

Feragatname

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