Friday, December 7, 2012

CHFJPY Channel Trade

myfxvoyage.blogspot.com CHFJPY Channel Trade
CHFJPY H1
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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