CHFJPY

I HAD A PREVIOUS SELL IDEA AND IT WORKED OUT REALLY WELL. 200 PIPS BANKED IN FOR THOSE WHO FOLLOWS ME.

THIS MORNING, MY BUY LIMIT WAS TRIGGERED DUE TO THE GAP.
BOUGHT @ 130.00 ROUND NUMBER. IT IS A HABIT OF MINE TO OBSERVE NEAR PYSCH NUMBER AND PLACED AN ORDER AROUND IT AS IT IS KNOWN TO "BOUNCE OFF IT".
WELL IT REACHED 130.00 EARLIER THAN EXPECTED AND IM 100 PIPS IN ALREADY.
SL @ BE.
TARGETING 131.90.
I WONT TARGET MORE AS W1 IS A BEARISH ENGULFING PATTERN @ A NICE FIB LEVEL.
REFER TO MY PREVIOUS IDEA IF YOU WISH TO KNOW MORE.

THIS IS A VERY TECHNICAL TRADE INVOLVING PYSCH ROUND NUMBER. NO FUNDAMENTALS INVOLVED.

LIKE MY IDEAS IF YOU, WELL, LIKE IT. OR WISH TO RECEIVE UPDATES.
NO UPDATES IF LESS THAN 20 LIKES.

WAITING FOR 2618 TO SELL