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LONG:CHF/JPY 4H Chart: Moving towards 108.911

The Swiss Franc has depreciated about 0.75% in value against the Japanese Yen since the opening of this week trading sessions.
All things being equal, the CHF/JPY currency exchange rate will likely aim for a support cluster @ 108.911 for a nice entry to go long on the pair, while we target our profit at the resistance zone of 110.175.

Signal Specification
Pair:CHF/JPY
Entry Type:BUY
Entry: 108.911
Tp: 110.175
Sl: 108.516
R/R: 3.2
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Forex Tamil
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26 Nov 2019 3:11 pm Posted by admin