Friday, December 7, 2012

CHFJPY Channel Trade CHFJPY Channel Trade
Here pattern is almost similar as in USDJPY. See setup [here]. 

A flag pattern on daily and channel on hourly charts. As long price remains in this channel, flag pattern is valid and price may see more upside. 

I will looking to go long on any dips towards the channel's lower trendline for a possible move towards mid/lower part of channel.

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