Swiss Franc / Japanese Yen
Long
Updated

CHFJPY / H1 / LONG

155
CHFJPY may rise from the Bullish Order Block.

The CHFJPY pair has recently touched a significant bullish order block and is now showing signs of upward momentum.

Bullish Order Block:
174.140 and 173.928

Given that price is within the bullish order block, we can expect potential upward movement. I've analyzed this chart using Smart Money Concepts (SMC), a highly effective strategy for identifying high-probability trades based on price action. Now, it’s time to watch how the price reacts as it attempts to move higher from this zone.

Entry price :- 174.295
Take Profit :- 174.819
Stop Loss :- 173.772
Trade active
trade active.
Trade closed: target reached
hits our target

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