CHFJPY MARKET FORECAST MON 14th - FRIDAY 18TH
We see possible scenarios here. The market direction may have changed already but we have to wait for a confirmation. This will be buy a retest on the previous support followed by a decline.
OR
It might be a false break out due to some fundamental news. In this case, wait for a retracement back into the trend then buy, putting SL and TP at reasonable points.
OR
It might be a false break out due to some fundamental news. In this case, wait for a retracement back into the trend then buy, putting SL and TP at reasonable points.
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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.