SHORT:CHFJPY:Has Been Trading In A Downward Trend

CHF/JPY OANDA:CHFJPY

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The Swiss Franc has been trading in an ascending pattern against the Japanese Yen since the end of November.
Everything being equal, the CHF/JPY exchange rate will likely trade south within next week’s trading sessions

Signal Specification
Pair:CHF/JPY
Entry Type:SHORT
Entry: 109.618
Tp: 107.001
Sl: 110.988
R/R:1.9
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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.
Roy McBruckes 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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