💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (147.220).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 27.
Take Profits:
TP1= @ 146.431
TP2= @ 145.893
TP3= @ 145.210
TP4= @ 144.310
TP5= @ 143.516
SL: Break Above R2
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Chf\jpy
💡Don't miss the great buy opportunity in CHFJPYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (133.01).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 134.93
TP2= @ 136.25
TP3= @ 138.07
TP4= @ 139.56
TP5= @ 141.65
SL= Break below S2
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💡Don't miss the great buy opportunity in CHFJPYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (125.13).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 125.67
TP2= @ 126.00
TP3= @ 126.31
TP4= @ 126.70
TP5= @ 127.07
SL= Break below S2
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💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (125.43).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 25.
Take Profits:
TP1= @ 124. 01
TP2= @ 123.59
TP3= @ 122.79
TP4= @ 122.32
TP5= @ 121.50
SL: Break Above R2
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💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (119.80).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 119.56
TP2= @ 119.01
TP3= @ 118.86
TP4= @ 118.61
TP5= @ 118.41
SL: Break Above R2
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💡 Don't miss the great buy opportunity in CHFJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (116.62). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 117.25
TP2= @ 117.45
TP3= @ 117.75
TP4= @ 118.15
TP5= @ 118.55
SL= Break below S2
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💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (117.40).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a downtrend and the continuation of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 24.
Take Profits:
TP1= @ 116.65
TP2= @ 116.35
TP3= @ 116.00
TP4= @ 115.35
TP5= @ 114.70
SL: Break Above R2
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ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in CHFJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (115.67).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
Take Profits:
TP1= @ 115.01
TP2= @ 114.60
TP3= @ 114.05
TP4= @ 113.25
TP5= @ 111.97
SL: Break Above R2
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ForecastCity English Support Team ❤️
Don't miss the great sell opportunity in CHFJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (117.27). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 115.80
TP2= @ 114.41
TP3= @ 112.00
TP4= @ 110.26
TP5= @ 108.73
SL: Break Above R2
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ForecastCity English Support Team ❤️
CHFJPY, Technical Analysis UpdateTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (114.3). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
Take Profits:
TP1= @ 113.85
TP2= @ 113.10
TP3= @ 112.40
TP4= @ 111.80
TP5= @ 110.45
Trade Setup:
We opened 5 SELL trade(s) @ 114.07 based on 'Peak' at 14.07.2020:
Total Profit: 286 pip
Closed trade(s): 22 pip Profit
Open trade(s): 264 pip Profit
Closed Profit:
TP1 @ 113.85 touched at 07.15.2020 with 22 pip Profit.
Open Profit:
Profit for one trade is 114.07(open price) - 113.41(current price) = 66 pip
4 trade(s) still open, therefore total profit for open trade(s) is 66 x 4 = 264 pip
SL: Break Above R2
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ForecastCity English Support Team ❤️
Don't miss the great sell opportunity in CHFJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (114.3). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 113.85
TP2= @ 113.10
TP3= @ 112.40
TP4= @ 111.80
TP5= @ 110.45
SL: Break Above R2
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ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in CHFJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (109.7). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 111.00
TP2= @ 111.50
TP3= @ 112.40
SL= Break below S2
Don't miss the great buy opportunity in CHFJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (107.87). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 108.55
TP2= @ 109.10
TP3= @ 109.75
SL= @ 107.50