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Same trade different base!

Long
Swiss Franc / Japanese Yen (FX:CHFJPY)  
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FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Technical Indicators
3
0
trendanalysis indicator
This is a reflection of the JPY weakness for the coming month. Breakout and test of the Monthly kijun area (rectangle) and we should get a good bounce from here going up. Notice should be taken to the M formation on the daily for a short but precedence is given to the monthly signal which was a close above the Monthly tenkan.

Entry: 2 small positions @ 109.734
SL: 108.708
TP1: 110.454
TP2: 111.984

Risk Management is critical!!

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