Hello guys i had find this setup in 4h timeframe which is in downtrend and come for retracement we have a good setup here to trade with high RR we can sell here with above swing high sl and near support tg also plzz do your own analysis before taking any trading decision if you like my analysis plzz like share and follow
CHFJPY SHORT SELL bias 1 hour time frame
Daily break and retest - confirms uptrend 4H my preferred entry zone. double bottom formed at the demand zone . broke and waiting for 2nd retest. Take profit 1 and 2 are set at 90.880 (TP1) and 91.180 (TP2) Sl will be 5 pips below previous LH, will be adjusted at retracement if need be. Good Luck and Risk safe, don't gamble, even a perfect setup can fail. My...
Guten Morgen alle zusammen, könnte mir nach einem Break der Trendlinie nach unten einen TP1 beim eingezeichneten Bereich vorstellen. LG
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (117.59). 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...
Trading 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. ....
Trading 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...
Trading 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...
Trading 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...
Trading 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...
Trading 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...
please note that im a noob and publishing just for me. so if you know something about charts, feel free to comment.