CHFJPY | Has Broken Ichi Cloud Resistance

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Initiate Long.

Entry - 113.099
TP1 - 113.634
TP2 - 113.801
TP3 - 114.077
TP4 - 114.395
SL - 112.932

Reason: Price broke out the Ichi Cloud resistance and closed above R1. Currently facing 61.8% Fib resistance. We can initiate a long position on a breakout of 61.8% Fib. Please consider initiate a position on a confirmed breakout.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.