𝘊𝘏𝘍𝘑𝘗𝘠 - 4𝘩𝘳𝘴 1𝘩𝘳𝘴 1𝘔 ( 𝘚𝘦𝘭𝘭 𝘛𝘳𝘢𝘥𝘦 2% )
🎗 CHF/JPY Setup
🗨Time Frame : 4hrs Chart
(🖇️Direction : Long )
------
🗒 Going over my work means something to me We are all here to learn
------
🧾 : WHY IS CHFJPY GOING DOWN?
If Japanese economic conditions improve or there is an increased demand for Japanese assets, this could lead to a stronger Japanese. A strong yen can lead to a decline in the CHFJPY price, as one Swiss franc will buy fewer yen. If the Swiss economy experiences turmoil, political uncertainty or economic weakness, this could result in a weakening of the CHF. This may adversely affect the CHFJPY exchange rate.
——————————
➖Bearish Break
165.400 Area
Reasons
Major Turn level / M
AT High Aera
Q High Area
Visible Range Hvn
Fixed Range
➕Bullish Reversal
162.230 Area
Reasons
Visible range Lvn
inner Trend
Q Low Area
PVP
——————————
🗨Time Frame : 4hrs Chart
(🖇️Direction : Long )
------
🗒 Going over my work means something to me We are all here to learn
------
🧾 : WHY IS CHFJPY GOING DOWN?
If Japanese economic conditions improve or there is an increased demand for Japanese assets, this could lead to a stronger Japanese. A strong yen can lead to a decline in the CHFJPY price, as one Swiss franc will buy fewer yen. If the Swiss economy experiences turmoil, political uncertainty or economic weakness, this could result in a weakening of the CHF. This may adversely affect the CHFJPY exchange rate.
——————————
➖Bearish Break
165.400 Area
Reasons
Major Turn level / M
AT High Aera
Q High Area
Visible Range Hvn
Fixed Range
➕Bullish Reversal
162.230 Area
Reasons
Visible range Lvn
inner Trend
Q Low Area
PVP
——————————
Related publications
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.