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CHFJPY: Top-Down Analysis & Pullback 🇨🇭🇯🇵
Swiss Franc / Japanese Yen
Short
CHFJPY: Top-Down Analysis & Pullback 🇨🇭🇯🇵
By VasilyTrader
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Oct 17, 2023
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Oct 17, 2023
https://www.tradingview.com/x/y5gX2lIj/
CHFJPY reached a solid horizontal daily support.
After its test, the pair started to consolidate on an hourly time frame
within a narrow horizontal range.
The support of the range was broken then.
It is an important sign of strength of the sellers
and it signifies a highly probable pullback.
Target - 165.63
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CHFJPY
Multiple Time Frame Analysis
priceaction
priceactionanalysis
priceactionstrategy
priceactiontrading
Rectangle
Support and Resistance
swissfranc
VasilyTrader
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