CHFJPY | H4 Short Trade Active on Major Trendline Retest

Jul 31

🔎 A short trade is now active on the CHFJPY 4-hour chart.

This trade was triggered on a classic retest of the major ascending trendline that was recently broken, signaling a potential shift to a bearish structure. The price has now entered our designated entry zone.

This trade is now considered active.

Trade Parameters (Active):

• 🔽 Direction: Short / Sell
  
• 🎯 Entry Zone: ~184.500 - 184.688
  
• ✅ Take Profit 1: ~183.500
  
• ✅ Take Profit 2: ~182.783
  
• 🚫 Stop Loss (SL): 185.955
  
• 📊 Risk/Reward Ratio (to TP2): 1.5
  

🛡️ Pro tips for this trade:
⚠️ **Risk Alert:** The upcoming US Core PCE inflation data can influence global market sentiment. As both CHF and JPY are safe-haven currencies, a significant shift in risk appetite could cause unexpected volatility in this pair.
🧠 With the Bank of Japan decision out of the way, the focus now shifts to how the market digests the US data.

Good luck with the trade! Hit Boost🚀👍 and share your thoughts.

Aug 1

Trade closed: target reached

🔥✅ TP1 HIT! Our CHFJPY short trade has successfully reached its first target, securing a massive ~98 pips.

The trade was triggered on a perfect retest of the broken H4 trendline.

Action Taken: The Stop Loss has been moved to the entry point (Breakeven). The remainder of the position is now risk-free.

Trade Update:

• ✅ TP1 Hit: ~183.500 (+98 Pips)
  
• 🎯 Final Target (TP2): ~182.783
  
• 🛡️ New Stop Loss: At Breakeven
  

Congratulations to everyone who has taken profits from Hit Boost🚀👍.

Aug 4

Note

🚀✅ FULL TARGET HIT! Our CHFJPY short trade was an incredible success, banking a massive ~190 pips.

The technical setup (major trendline break and retest) provided the perfect entry. The fundamental catalyst was the shockingly weak US NFP data, which triggered a major "risk-off" wave across the markets. In this environment, the Japanese Yen strengthened significantly as a safe-haven, sending this pair tumbling down to our final target.

A massive congratulations to everyone who followed this high-conviction trade! 🎊

Trade Result:

• 🔽 Direction: Short / Sell
  
• 🎯 Entry: ~184.688
  
• ✅ TP1 Hit: ~183.500
  
• ✅ TP2 Hit (Full Target): ~182.783
  
• ⭐ Total Pips Captured: ~190 pips
  

Thanks for your trust! Hit Boost🚀👍 if you enjoyed this monster trade. What a phenomenal way to end the week! 💹✨