CHFJPY short term long move

Jan 15, 2023

JPY has made some serious moves last week so now I expect some pullbacks and this pair offers good point for entry. Basically, price is on the bottom of the descending channel, it stopped on major S/R zone with 4H hammer candle. Tbh this is very risky trade but it's very tempting.

Jan 16, 2023

Trade active

I've entered with half risk from the bottom, but now price is struggling to break through 1H 50EMA, hopefully it will manage to do that and then ill enter with another half % if we see some retest.

Jan 17, 2023

Trade active

So,it actually reacted just as I expected, it's almost photoshopped like :D.
I opened a small position from this level and hopefully this thing continues to go up to the target, where we take almost 10%

Jan 18, 2023

Trade closed: target reached

BOOOM! This trade was predicted move by move and managed to hit our TP with nooo problem, I could've even taken 13-15 %, but I was asleep at the time move happen and it reached my TP. Anyway it was a good trade