ForecastCity_ME
Short

Don't miss the great sell opportunity in CHFJPY

FX:CHFJPY   Swiss Franc / Japanese Yen
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (114.3). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CHFJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.

Take Profits:
TP1= @ 113.85
TP2= @ 113.10
TP3= @ 112. 40
TP4= @ 111.80
TP5= @ 110.45

SL: Break Above R2

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Comments

Thanks... I will keep an eye on this...
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Keep This on my Radar This Week,

Thanks a lot!
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This is such a complete analysis, I will keep an eye on this!
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Thanks
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I like it
Reply
Nice and simple
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Nice idea. 😍😍😍 😍😍😍
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Appreciated your content
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