Trade idea - CHFJPY Long

4H

Corrective approach towards entry zone / Bull Flag.

-68 Fibonacci completion aligning with entry zone.

= Confirmation to place buy limit.

1.5% risk.

Aiming to take profit at Daily TP.
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MONTHLY

Bullish M pattern can potentially be in play.

Clear support & resistance zone is there.

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WEEKLY

Uptrend making HHs / HLs.

Market is coming from a strong support & resistance zone.

Sell zone is there as well where Bears can be powerful, keep in mind.

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DAILY

Bullish M pattern can play out.

Clear support & resistance zone is there.

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Chart PatternsCHFJPYchfjpylongForexfxtradingpatternspriceactionanalysisSupply and DemandsupportandresistancezonesTechnical AnalysisTrend Analysis

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