CHFJPY | THIS ONE COULD BE PROFITABLE IF PLAYED RIGHT

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Right so we entered this trade before with our members, it reached some of our take profit levels, however it never went past more.

Currently pulling back sharply due to the USD strength the safe-haven currency such as the CHF is going down, if it breaks the 4 hourly uptrend, gives a pullback and a bearish engulfing candle we could see this as a selling opportunity, vise versa if we see nice respect off the moving averages towards the top, bullish engulfing candle then we could see this trade running a little more towards the upside

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