CHFJPY - SELL BELOW @124
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WHY SELL CHFJPY?
- STRONG REJECTION IN A KEY SUPPLY ZONE (124 - 125)
- PAIR FORMS LOWER HIGH ALREADY AND WE WAIT FOR A LOWER LOW BELOW KEY S/R LEVEL 124
- PAIR FORMING A TREND-REVERSAL PATTERN - HEAD AND SHOULDERS PATTERN
Most times, our analysis on this had been largely profitable. The measured objective/target if the HnS pattern comes is seen on the chart.
This setup can give up to 300pips if it goes out way.
Above all, in as much as nothing is certain or fixed,follow your trading plan and risk management, as well as the disclaimer below!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
WHY SELL CHFJPY?
- STRONG REJECTION IN A KEY SUPPLY ZONE (124 - 125)
- PAIR FORMS LOWER HIGH ALREADY AND WE WAIT FOR A LOWER LOW BELOW KEY S/R LEVEL 124
- PAIR FORMING A TREND-REVERSAL PATTERN - HEAD AND SHOULDERS PATTERN
Most times, our analysis on this had been largely profitable. The measured objective/target if the HnS pattern comes is seen on the chart.
This setup can give up to 300pips if it goes out way.
Above all, in as much as nothing is certain or fixed,follow your trading plan and risk management, as well as the disclaimer below!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
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.
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.