CHFJPY Long
Still have bearish bias overall on S&P, and unlike JPY, CHF isn't much affected with market pricing in the possibility of another Fed rate hike this December. Setting up buy stop order few pips above the base pivot level in the daily chart (@114), with TP near 115 (100 fib level) and SL @113.45 (few pips below 0 fib level).
Daily:
Weekly:
Confidence: B (might still be affected with the outcome of G20 and any developments about US-China trade war)
Daily:
Weekly:
Confidence: B (might still be affected with the outcome of G20 and any developments about US-China trade war)
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.