FX:CHFJPY   Franco svizzero / Yen giapponese
I was supposed to post this last night when i entered, as you can see it has already fallen. You can enter now with a stop loss of 120.888 or wait for a deeper pull back of the current impulse using the retracement tool, you'd be looking for a pull back of 60-50% either way i don't anticipate price breaching 120.888. This has the potential to be an outrageous trade, I myself have already capitalized significantly as I've been in from 122.501; and still hold a position there alongside 121.103 and 120.486. My next take profit point as illustrated is in-between 118.163 - 117.320, but this is nothing compared to our desired destination; as i anticipate price falling 3,113 pips.
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