CHFJPY a protraction move will create a massive selloffHello Everyone Hope you all are doing good. today again i got my favorite model trade setup in CHFJPY forex pair. i am expecting price to start a sell from 167.40 or above for the initial target of 162.10 level and stoploss mentioned in the chart at top around 170.51.
Trade wisdom: Wider stoploss does not mean we avoid a trade setup, it means we should use position size calculator by risking certain percentage of total capital in one single trade.
This is a higher time frame trade setup it will take time to pan out, so have patience :)
Good luck and Happy Trading.
Rizwan Ali (Fund Manager)
Accel Equity: Mark of Core Research
