CHFJPY-nice diamond and other reasons to long

On W1 chart price is bouncing from the trendline support and 0.61 fib retracement

On D1 chart price has finished a very deep correction and is bouncing from the correctinve channel:

Here on H4 chart:

- Possible leadin diagonal for Wave 1 and Wave 2 has just complete.
- Diamond pattern, this pattern usually means trend change. Price broke the diamond and is bouncing from it.

Ideal SL and targets on chart.

Best regards.
-

Kommentar:

first target hit, moving sl to be